SenseTime-W (00020) has announced that it projects a profit of around RMB 500 million to RMB 700 million for the first half of 2026, representing its inaugural consolidated profit since going public. This marks a significant shift from the approximate RMB 1.48927 billion loss incurred in the first half of 2025. Furthermore, the company expects its adjusted net loss, calculated under non-International Financial Reporting Standards (IFRS), for the first half of 2026 to decrease by 60% to 70% year-on-year, in comparison to the same period in 2025, with the extent of this reduction set to widen even further. The enhanced profitability of SenseTime is mainly due to a decrease in losses from its core business operations and profits generated from changes in the fair value of its investments in AI ecosystem companies.