Cenntro Q1 FY26 net loss narrows to $3.91 million; net revenues drop 43.4% to $1.21 million

• Cenntro posted a net loss attributable to shareholders of USD 3.91 million, narrowing from USD 5.65 million a year earlier.
• Net revenues fell 43.4% to USD 1.21 million, reflecting lower vehicle sales and other sales, partly offset by higher spare-part sales.
• Operating loss narrowed to USD 3.98 million from USD 6.17 million, as selling and marketing expense dropped to USD 294,267 from USD 776,717.
• Gross margin of vehicle sales improved 7.7 percentage points to 18.5%.
• Cash and cash equivalents stood at about USD 3.6 million at March 31, 2026; management expects cash to be sufficient to execute its business strategy over the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cenntro Inc. (The Corporation) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-021332), on May 14, 2026, and is solely responsible for the information contained therein.