SenseTime-W (00020.HK): Expected First-Half Profit of Approximately RMB 500 Million to 700 Million

NewTimeSpace News: On August 16, 2026, SenseTime-W (00020.HK) issued a positive profit alert stating that, based on preliminary estimates of data for the first half of 2026, the Group expects to record a profit of approximately RMB 500 million to 700 million for the period, versus a loss of approximately RMB 1.489 billion in the same period last year, achieving its first consolidated profit since listing. Adjusted net loss measured under non-IFRS is expected to narrow by 60% to 70% year-on-year.

The announcement indicated that the turnaround from loss to profit was primarily attributable to a reduction in losses from the main business segments, as well as gains from changes in the fair value of investments in AI ecosystem enterprises that the Group has strategically built over the years.

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