Unitree sees quarterly profit jump, but AI investment weighs on core earnings

Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit
Unitree reports a 70 per cent revenue jump in the third quarter, but surging research and development costs weigh on core profits
The results for the three months ending September 30 showed a continued surge in research and development spending by the Hangzhou-based company, which jumped 249.58 per cent year-on-year to 127.04 million yuan, or around 19 per cent of revenue, as it ramps up investments in the