Luoshi Robotics Posts 135.8% Revenue Surge in First HKEX Interim Report
Luoshi Robotics has published its first interim results since listing on the Hong Kong Stock Exchange. During the reporting period, the company generated total revenue of RMB 415 million, a remarkable 135.8% increase year-on-year. Its adjusted net profit reached RMB 18.4 million, marking a turnaround from a loss in the previous year.
According to the company, the sharp growth was primarily driven by a rapid rise in sales of embodied intelligent robots. Luoshi stated that the solid performance reflects its consistent execution of a strategy centered on 'full-stack empowerment and embodied symbiosis.' The company is now seeing a clear inflection point in profitability as its three major business segments expand simultaneously.