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Geek+ Reports 2026 First-Half Results: New Orders Up 35.5% YoY

Geek+ (2590.HK) announced its first-half results for the period ended June 30, with new signed orders up 35.5% year on year to RMB 2.385 billion, revenue up 25.3% year on year to RMB 1.284 billion, gross margin improving to 35.8%, and adjusted net loss narrowing 32.1%. Excluding the impact of embodied intelligence R&D investment, adjusted net loss narrowed 81.9%, bringing the core business close to break-even.

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