Lucas GC 1H 2026 net income drops 8% to RMB 19.9 million; revenue falls 37% to RMB 245.3 million

Bitget2026/10/07 13:02

Lucas GC posted 1H 2026 revenue of RMB 245.29 million (US$ 35.74 million), down 37% year over year. Gross margin widened 1.7 percentage points to 35.4%. Net income slipped to RMB 19.86 million (US$ 2.9 million), while net income margin rose to 8.0% from 5.5%. Outsourcing service revenue fell 36% to RMB 213.66 million (US$ 31.13 million), and recruitment service revenue declined 17% to RMB 26.27 million (US$ 3.83 million). CEO Howard Lee cited a pivot from traditional services to higher value-added technology services, with lower-margin contracts weighing on top-line results. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lucas GC Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-046090), on October 07, 2026, and is solely responsible for the information contained therein.

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