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Beijing Geekplus Projects Strong Revenue Growth Amid Narrowing Losses

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Beijing Geekplus Projects Strong Revenue Growth Amid Narrowing Losses

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The latest announcement is out from Beijing Geekplus Technology Co. Ltd. Class H ( (HK:2590) ).

Beijing Geekplus Technology Co., Ltd. announced an expected revenue increase of 27% to 32% for the first half of 2025, reaching approximately RMB995 million to RMB1,030 million. Despite the net loss, the company significantly narrowed its adjusted net loss by 90% to 95% compared to the previous year, due to increased delivery of AMR solutions and favorable foreign exchange gains.

More about Beijing Geekplus Technology Co. Ltd. Class H

Beijing Geekplus Technology Co., Ltd. operates in the technology industry, focusing on advanced robotics and automation solutions. The company specializes in warehouse fulfillment AMR (Autonomous Mobile Robot) solutions, catering to the logistics and supply chain sectors.

Average Trading Volume: 10,651,729

Current Market Cap: HK$22.42B

Learn more about 2590 stock on TipRanks’ Stock Analysis page.

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