Mobvoi's Loss Narrows in H1

MT Newswires Live

08/21

Mobvoi's (HKG:2438) loss narrowed to 2.9 million yuan in the first half from 578.8 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong bourse.

On a per-share basis, the artificial intelligence company went breakeven compared with a loss of 0.55 yuan in the prior-year period.

Revenue increased 10% to 178.9 million yuan from 162.7 million yuan a year earlier.

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