Robotics (01236.HK) reported a 35.2% increase in revenue to RMB 523 million for the first half of the year, with a net loss of RMB 42.101 million, turning from profit to loss.
LuDong Robotics announced its first interim results since listing. As of June 30, 2026, the company's revenue increased by 35.2% year-on-year to RMB 523 million. During the period, a net loss of RMB 42.101 million was recorded, with an adjusted net loss of RMB 15.507 million, compared to an adjusted net profit of RMB 2.178 million in the same period last year. The company stated that the loss was primarily due to a strategic increase in new technology research and development expenditures, as well as increased marketing investment for its smart robotic lawnmower brand. In the same period, the company's overall gross profit margin increased by 3.4 percentage points year-on-year to 28.8%, with sales revenue from the smart robotic lawnmower business increasing by 159.1% year-on-year.
Source:华尔街见闻 · Source Link
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