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Horizon Robotics-W (09660.HK) has reported that, for the six-month period concluding on June 30, 2026, the revenue generated from customer contracts within its ongoing operations soared to RMB 2.055 billion. This represents a significant year-on-year surge of 32.9%. Moreover, the company has achieved a stellar profit of RMB 3.784 billion, marking a stark contrast to the losses incurred during the corresponding period of the previous year. The gross profit derived from its continuing operations also witnessed a commendable increase, reaching RMB 1.356 billion, which is a 32.9% rise compared to the same period last year. The notable profit growth was predominantly attributed to fluctuations in the fair value of convertible bonds. However, it's worth noting that adjusted core operating losses continued to persist.
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