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RoboSense Reports Soaring LiDAR Sales and Revenue Growth

RoboSense Technology Company., Ltd (HK:2498) has released an update.

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RoboSense Technology Co., Ltd has reported significant growth for the first half of 2024, with sales volumes of LiDAR products and applications soaring by over 380%, driving revenues up by 121% compared to the same period last year. Gross margins also improved by nearly 10 percentage points. The company is addressing future demand by expanding production with a new manufacturing facility set to open in the third quarter.

For further insights into HK:2498 stock, check out TipRanks’ Stock Analysis page.

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