Siasun's Q1 revenue declines, net loss widens

Siasun Robot & Automation (SZSE:300024) reported a revenue decrease of 6.14% for the first quarter of 2025, with revenue falling to CNY 688.29 million from CNY 733.32 million in the same period last year. The net loss attributable to shareholders widened by 24.51%, reaching a loss of CNY 50.27 million compared to a loss of CNY 40.37 million year-over-year. The net cash outflow from operating activities increased by 20.18% to CNY 239.86 million. Basic and diluted earnings per share both decreased by 23.46% to a loss of CNY 0.0321. Total assets slightly decreased by 0.21% to CNY 11.97 billion. The company’s report indicates that the new board and supervisors were elected and executive officers were hired.