Tudatong (02665) announced interim results, revenue of US$139 million increased 127.9% year over year

According to the Zhitong Finance App, Tudatong (02665) announced interim results for the six months ended June 30, 2026. The group achieved revenue of US$139 million, up 127.9% year on year; gross profit of US$1549.1, up 152% year on year; loss of US$25.104 million during the period, narrowing by 23.2% year on year; loss per share.

According to the announcement, in the first half of 2026, the Group's continued investment in core technology, product platforms, customer development, large-scale manufacturing and commercialization is steadily being transformed into operating results. During the reporting period, the Group achieved product sales of 455,900 units, up 364.8% from 97,000 units in the same period in 2025; achieved revenue of about US$139 million, an increase of about 127.9%; achieved gross profit of about US$15.5 million, an increase of about 152.0%; and gross margin increased by about 10.1% to about 11.2% compared to the same period in 2025.

The growth during the reporting period was mainly due to the continued expansion of existing mass production projects, the entry into commercial delivery of new customers and models, the expansion of the scale of the Refinch series, and rapid growth in robotics and other product and solution businesses. ADAS products continue to contribute most of the Group's sales volume and revenue, while businesses such as robots and other products, solutions and services are growing faster, further enriching the Group's revenue and gross profit sources.