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<Results>HESAI-W 1Q Results Swing into Profit of RMB18.315M; US Shrs Up ~7% Premarket
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HESAI-W (02525.HK) announced its results for 1Q26. Revenue rose 29.6% YoY to RMB681 million. Gross margin narrowed 2.6 ppts YoY to 39.1%. The company swung to a profit of RMB18.315 million, compared with a loss of RMB17.549 million in the same period last year. EPS was RMB0.12. Under the non-GAAP basis, quarterly net profit spiked 4.53x YoY to RMB47.748 million. Non-GAAP EPS was RMB0.31. Hesai Group (HSAI.US) last swelled 6.8% in US premarket trading to USD23.5. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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