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Horizon Robotics Swings to Interim Profit of RMB3.784 Billion

Published: Updated: By 24TopNews Editorial Desk

Horizon Robotics reported a first-half net profit attributable to shareholders of RMB3.784 billion, reversing a loss of RMB5.233 billion in the same period of 2025. Basic earnings per share stood at RMB0.27, with no interim dividend. Adjusted losses widened to RMB1.671 billion under non-IFRS measures, while customer contract revenue rose 32.92% to RMB2.055 billion and R&D expenses increased 21.93%.

Horizon Robotics announced its interim results for the six months ended June 30, reporting a profit attributable to shareholders of RMB3.784 billion, compared with a loss of RMB5.233 billion in the same period of 2025. Basic earnings per share were RMB0.27, and no interim dividend was declared.

Under non-IFRS financial measures, the adjusted loss for the first half widened to RMB1.671 billion, versus a loss of RMB1.333 billion in the same period of 2025. During the period, customer contract revenue from continuing operations reached RMB2.055 billion, up 32.92% year on year, while research and development expenses increased 21.93% to RMB2.755 billion.