On August 27, ROBOSENSE fell 5.2% in regular trading, trading at HK$18.03/share, with turnover of HK$59.71 million. The decline was driven by the company's interim results showing significantly expanded losses, compounded by lingering market concerns over a major vehicle recall event.
ROBOSENSE reported H1 total revenue of RMB 1.02 billion, up 30.2% year-over-year, while net loss attributable to shareholders reached RMB 161 million. In Q2 specifically, revenue was RMB 561 million with gross margin of 21.9%, down 5.8 percentage points year-over-year. Adjusted net loss widened approximately 232.6% to RMB 78.8 million, despite total Q2 shipments surging 145.8% to 388,900 units.
Adding to the pressure, a recall of approximately 93,000 Geely vehicles due to power IC manufacturing defects in ROBOSENSE M-series LiDAR units — which triggered a 14.5% single-day plunge on August 24 — continues to weigh on sentiment. Market concerns over potential compensation costs, product quality credibility, and the financial burden on an already loss-making company remain unresolved.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)