SenseTime expects first-half profit of up to RMB700 million

SenseTime, a Hong Kong-listed artificial intelligence company, expects to report a first-half 2026 profit of between RMB500 million and RMB700 million, reversing a loss of about RMB1.489 billion in the same period last year, as it shifts resources toward foundation models and generative AI. The forecast, reported by National Business Daily, is an expectation and has not been confirmed by interim results.

SenseTime expects to report a profit of between RMB500 million and RMB700 million for the first half of 2026, compared with a loss of about RMB1.489 billion in the same period last year. The forecast would mark a significant change for the Hong Kong-listed AI company as it shifts more resources toward foundation models, generative AI and related applications. The figures are an expectation and have not yet been confirmed by the company’s interim results. National Business Daily https://m.21jingji.com/article/20260817/herald/8048cddfa2a13662297bcb72742ab589.html , in Chinese