Summary by Moomoo AI
UBTECH Robotics Corp.("UBTECH") issued an announcement on July 28, 2024, previewing the unaudited interim performance for the six months ended June 30, 2024. Based on preliminary review, UBTECH expects to generate revenue of approximately RMB 450 million to RMB 500 million during the reporting period, an increase of approximately 72% to 91% compared to the same period last year. The revenue growth mainly benefited from the growth in revenue of educational intelligent robots and intelligent robot solutions, as well as the company's launch of consumer-grade intelligent new products. The company emphasized that these figures have not been audited or reviewed by an auditor, and reminded shareholders and potential investors to be cautious when buying or selling shares. UBTECH will release a detailed interim performance announcement in August 2024.