RoboSense jumps most in more than one year on smaller annual loss forecast

RoboSense Technology

20/02/2026 02:16

** Shares of RoboSense Technology 2498.HK jump 15.7% to HK$39.8, on course for biggest one-day pct gain since December 2024

** Stock hits the highest level since January 20; second-biggest pct gainer on the Hang Seng Composite Index tracking information technology stocks .HSCIIT, which slips 1.3%

** Chinese developer and producer of light detection and ranging (LiDAR) products expects net loss to narrow to 180 mln yuan ($26.06 mln) in FY2025 from 481.8 mln yuan loss in 2024

** Says improvement due to increase in sales of its LiDAR products throughout FY2025 and net fair value gains on financial assets, among others

** YTD, stock up 4.9%, while the Hang Seng TECH Index .HSTECH down 4.9%

($1 = 6.9080 Chinese yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))