Robot (300024) Reports H1 2026 Revenue of 1.451 Billion Yuan, Net Loss Widens

Robot Co., Ltd. (300024), a major Chinese industrial robot manufacturer, released its half-year report for 2026 on August 24. The company generated ¥1.451 billion in total operating revenue for the January-June period, a 12.57% decline from the prior year.

The net loss attributable to shareholders widened to ¥189 million from ¥95.36 million a year ago. After deducting non-recurring gains and losses, the net loss was ¥212 million, compared with ¥122 million in the first half of 2025. These figures indicate a significant deterioration in profitability.

Cash flow from operations also worsened during the period, reflecting the tough business climate. The company faced slower payments from customers and higher inventory levels, which strained its liquidity.

The results mirror the broader slowdown in China's industrial robotics sector, where manufacturers have pulled back on capital spending due to economic uncertainty. Despite these headwinds, Robot Co. continues to invest in research and development to enhance its competitive edge in automation and intelligent manufacturing. The company expects market conditions to stabilize gradually in the coming quarters.