YiKatong Technology reported a net loss of 196.9 million yuan in the first quarter, with a narrowed loss compared to the same period last year.

On April 30th, Eikatong Technology officially released its first quarter performance report for 2025. The report shows that the total revenue in the first quarter was 1.224 billion yuan, a year-on-year increase of 30%; gross profit was 242.5 million yuan, a year-on-year increase of 19%, with a gross profit margin of 20%; net loss was 196.9 million yuan, compared to a net loss of 304 million yuan in the same period last year. In addition, the total global shipments in the first quarter reached 684,000 units, an 81% increase compared to the same period.