Unitree Technology reported third-quarter 2026 revenue of Rs 665m, up 69.93% year on year, while net profit attributable to shareholders fell 17.37% to Rs 113m. A company representative attributed the decline to higher research spending on computing power and large models.
Unitree says profit fall reflects higher spending on computing power and large models
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The story so far: Unitree Robotics shares rally
Shares of Unitree Robotics have swung sharply in mainland trading, rising 18% on Oct 19 to 504 yuan and over 16% intraday on Oct 23 past 600 yuan. On Nov 2 the stock fell 11.12% to 575.07 yuan, then recovered to trade up 5.09% at 680 yuan in the afternoon.
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Unitree says profit fall reflects higher spending on computing power and large models
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