On the evening of April 18, Cambrian, a leading domestic AI chip manufacturer, unveiled its financial results for the full year of 2024 and the first quarter of 2025. In 2024, Cambrian's total revenue amounted to RMB 1.174 billion, marking a robust year-on-year growth of 65.56%. Despite this, the net profit attributable to shareholders was a loss of RMB 452 million, though the loss narrowed significantly by 46.69% compared to the previous year. Turning the tide in 2025, the company's first-quarter revenue soared to RMB 1.111 billion, representing a staggering year-on-year increase of 4230.22%. More impressively, the net profit attributable to shareholders stood at RMB 355 million, signaling a successful transition from loss to profit on a year-over-year basis.
