UBTECH Robotics Expects Increased Demand and Expenditure

UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.

UBTECH Robotics Corp Ltd anticipates exceeding their existing annual caps for purchasing MAE products and services due to increased transaction volumes and demand. The company’s financial performance typically peaks in the fourth quarter, driven by sales of logistics smart robotic products. Pricing for these transactions is based on market prices and commercial terms favorable to both parties.

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