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Leoch International Technology Limited Reports Revenue Growth Amidst Economic Uncertainty

Strategic Insights

— 1 min read

Despite the deep-rooted structural issues and emerging new pressures in the global economy, Leoch International Technology Limited, a leading global power solutions provider, achieved a revenue growth of 11.9% in the first half of 2025. The company's Power Solutions business, particularly its network power battery segment, recorded a significant increase of 9.4% year-on-year, driven by the rising demand for UPS batteries in data centers.

Key Takeaways:

  • The Group's revenue for the first half of 2025 reached RMB8,438.4 million, a 11.9% increase from RMB7,542.9 million in the corresponding period in 2024.
  • The Power Solutions business accounted for 40.6% of the Group's total sales, with network power batteries contributing the majority of the revenue.
  • The network power battery business recorded a sales revenue of RMB3,428.8 million, a 9.4% year-on-year growth, driven by the rising demand for UPS batteries in data centers.
  • The Group maintained a solid presence in the data center and other areas of the network power battery market, offering high-quality lead-acid and lithium-ion batteries tailored for critical power backup applications.
  • The demand for lead-acid batteries in UPS applications is expected to grow significantly as the global dependence on digital infrastructure expands.
  • The company's recycled lead business recorded significant growth, contributing to the overall revenue increase.
  • The Group's diversified product portfolio, serving the automotive industry, including automobiles, motorcycles, and electric vehicles, as well as battery energy storage systems and other consumer and industrial products, also contributed to the revenue growth.

Statistics:

  • Revenue growth: 11.9% (RMB8,438.4 million in H1 2025 vs. RMB7,542.9 million in H1 2024)
  • Power Solutions business revenue as a percentage of total sales: 40.6%
  • Network power battery business revenue: RMB3,428.8 million (9.4% year-on-year growth)
  • Demand growth for UPS batteries in data centers: significant increase driven by cloud computing, 5G networks, and digital transformation initiatives
  • Expected growth for lead-acid batteries in UPS applications: significant increase as global dependence on digital infrastructure expands

Sources:

Leoch International Technology Limited. (2025, September 18). Announcement - Return of Results for the six months ended 30 June 2025. Retrieved from https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0918/2025091801277.pdf

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