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<Results>DOBOT Annual Loss Shrinks to RMB95.363M
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DOBOT (02432.HK), a collaborative robot manufacturer in Mainland China with its shares being previously included in the Southbound Stock Connect and charted intense trading interest, announced its full-year results for the period ending December 2024. Revenue amounted to RMB374 million, up 30.3% YoY. The loss narrowed to RMB95.363 million, compared to a loss of RMB103 million in the same period of last year, with an LPS of RMB0.26. No dividend was declared. Under non-IFRS measures, the adjusted net loss for last year shrank 55.4% YoY to approximately RMB36.5 million. The gross margin for 2024 was 46.6%, up 3.1 ppts YoY. Without considering the impact of write-down of inventories recorded in cost of sales, the gross profit margin remained stable at 49.5% in 2024. AAStocks Financial News |
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