Robosense Technology (HKG:2498) posted a net loss attributable to owners of 64.2 million yuan for the first quarter, narrowing from a loss of 99.6 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.
Shares of the AI-driven robotics company were down over 4% in late morning trade on Thursday.
Loss per share came in at 0.14 yuan, compared with 0.22 yuan in the prior-year period.
Revenue increased 40% to 458.8 million yuan from 327.8 million yuan a year earlier.