SCMP Economy5/26/2026BusinessChina
Unitree Robotics Sees 53% Plunge in Q1 Profit Amid Competition
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Unitree Robotics reports a 53% drop in Q1 adjusted profit to 40.3M yuan, despite 68% revenue growth to 422.8M yuan, citing increased expenses and fierce competition in the humanoid robot sector ahead of its Star Market IPO hearing.
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Unitree Robotics reports a 53% drop in Q1 adjusted profit to 40.3M yuan, despite 68% revenue growth to 422.8M yuan, citing increased expenses and fierce competition in the humanoid robot sector ahead of its Star Market IPO hearing.
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This article was originally published by SCMP Economy.
