On August 28, SENSETIME-W rose 3.16% in regular trading, trading at 1.465 HKD/share, with turnover of approximately HKD 142 million. The rebound follows the previous session's 3.06% decline driven by profit-taking after the formal release of interim results.
The company disclosed its H1 interim results on August 26, reporting its first-ever IFRS net profit of RMB 617 million since listing in December 2021. Revenue reached RMB 2.911 billion, up 23.4% year-over-year; gross profit rose 32.9% to RMB 1.206 billion, with gross margin improving 2.9 percentage points to 41.4%. Recurring revenue surged 124.4% to RMB 1.145 billion, representing 39.3% of total revenue versus 21.6% a year earlier. Generative AI revenue grew 28.2% to RMB 2.327 billion, accounting for 79.9% of group revenue.
The prior session's pullback reflected funds locking in gains after the earnings formally landed, given that shares had already rallied nearly 9% on August 17 following the positive profit alert. Today's advance represents a technical recovery of that prior-day decline.
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