Robosense Technology Reports Q1 2025 Revenue Drop to RMB 327.8M; Net Loss Narrows to RMB 98.8M
Reuters
May 30
Robosense Technology Reports Q1 2025 Revenue Drop to RMB 327.8M; Net Loss Narrows to RMB 98.8M
Robosense Technology Co. Ltd. has reported its unaudited financial results for the first quarter of 2025. The company recorded a revenue of RMB 327.842 million, a decrease from RMB 360.969 million in the same period in 2024. Despite the reduction in revenue, Robosense saw an improvement in its gross profit, which increased to RMB 77.010 million from RMB 44.482 million in the previous year, resulting in a gross margin improvement from 12.3% to 23.5%. The company reported a net loss of RMB 98.786 million for Q1 2025, an improvement from the net loss of RMB 130.671 million in the same quarter last year. The operating loss also narrowed to RMB 121.035 million, compared to RMB 159.193 million in the previous year. Robosense remains focused on innovation in AI algorithms and hardware technologies, emphasizing its commitment to maintaining a leading position in ADAS driving and the robotics industry. The company aims to become a global leading robotic technology platform, aiming to create long-term value and benefits for the industry.
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