SenseTime's 2024 Loss Narrows as Revenue Rises 11%

MT Newswires Live

2025/03/26

SenseTime's (HKG:0020) attributable loss narrowed to 4.28 billion yuan in 2024 from 6.44 billion yuan in 2023, according to a Wednesday filing with the Hong Kong bourse.

Loss per share at the artificial intelligence company fell to 0.13 yuan from 0.20 yuan in the previous year.

Revenue grew 11% to 3.77 billion yuan from 3.41 billion yuan a year earlier.

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