RoboSense Technology Company., Ltd ( (HK:2498) ) has issued an announcement.
RoboSense Technology Co., Ltd reported a significant increase in revenue and gross profit for the year ended December 31, 2024, with revenue rising by 47.2% and gross profit by 202.8% compared to the previous year. The company also saw substantial growth in sales volume of its LiDAR products, particularly for ADAS applications, which contributed to an improved gross margin. Despite these positive financial results, the company still reported a net loss, although it was significantly reduced from the previous year, indicating a positive trend in financial performance and market competitiveness.
More about RoboSense Technology Company., Ltd
RoboSense Technology Co., Ltd is a company incorporated in the Cayman Islands, specializing in the development and production of LiDAR products. The company focuses on providing solutions for advanced driver-assistance systems (ADAS) and robotics, positioning itself in the technology and automotive industries.
YTD Price Performance: 30.62%
Average Trading Volume: 22,793,554
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$18.21B
Find detailed analytics on 2498 stock on TipRanks’ Stock Analysis page.