Pateo Connect FY25 net loss widens 102.23% to RMB 1.1 billion; revenue rises 37.26% to RMB 3.5 billion

Reuters03-30 21:48

Pateo Connect FY25 net loss widens 102.23% to RMB 1.1 billion; revenue rises 37.26% to RMB 3.5 billion

Pateo Connect posted a net loss of RMB 1.1 billion, more than doubled year over year.
Revenue rose 37.26% to RMB 3.5 billion.
Gross margin widened 0.6 percentage points to 12.4%.
Adjusted net loss narrowed 32% to RMB 240 million, while smart cockpit domain controller deliveries reached 1.3 million units.
Company guided to mass production of Snapdragon 8397 high-end cockpit products in 2026, with 2026 deliveries also expected for cockpit products tied to a European global luxury car maker.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pateo Connect Technology (Shanghai) Corporation published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260330-12079171), on March 30, 2026, and is solely responsible for the information contained therein.

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