HK Stock Market Move | ROBOSENSE (02498) rises nearly 4% in the afternoon, the company is expected to achieve profitability in the fourth quarter, and strong shipments for ADAS and Siasun Robot & Automation are expected next year.

ROBOSENSE (02498) rose nearly 4% in the afternoon, with a increase of 3.97% at the time of publication, reaching 32.46 Hong Kong dollars, with a trading volume of 158 million Hong Kong dollars. On the news front, on November 25, ROBOSENSE released better-than-expected third-quarter results, with total revenue of approximately 407 million yuan in the third quarter, and expects a significant increase in sales of digital LiDAR in the fourth quarter of this year, which will result in the company's first profitable quarter. On November 26, ROBOSENSE announced that it would buy back 323,000 shares on the HKEX for approximately 100.15 million Hong Kong dollars. CMSC International released a research report stating that the company will achieve profitability in the fourth quarter of this year, and expects strong shipments of ADAS and Siasun Robot & Automation next year, with guidance exceeding one million units. The report also forecasts that the shipment of LiDAR in the fourth quarter will reach a record high, with deliveries reaching 120,000 units in October, and an expected increase in November and December. The shipment of ADAS in 2025 is expected to be close to 600,000 units, and over one million units in 2026. The company's digital EM platform has already obtained designations from 49 car models.