Unitree reports Q3 revenue of RMB 665 million

Unitree's unaudited third-quarter report, dated Oct. 28, shows revenue of RMB 665.0 million, up 69.93%, and profit attributable to shareholders of RMB 112.7 million, down 17.37%. Research spending in the quarter was RMB 127.0 million, up 249.58%. Nine-month attributable profit rose 270.54% to RMB 386.7 million, which the filing says also reflects a large share-based payment a year earlier, while profit excluding non-recurring items fell 18.78%.

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