Lucas GC Limited Announces 1H 2026 Financial Results: Revenue at US$35.74 million with Increases in Gross Margin

Lucas GC Limited reported 1H 2026 revenue of RMB245.3 million (US$35.74 million), down 36.6% year-over-year due to macroeconomic headwinds in China and strategic shift away from lower-margin contracts. Despite revenue decline, the company improved gross margin to 35.4% (up 1.7%) and net income margin to 8.0%, with net income of RMB19.9 million. Operating expenses decreased 47% as the company optimized its service mix toward higher-value technology solutions.