SenseTime turns profitable for first time since IPO

Hong Kong-listed SenseTime posted its first profit since going public, with first-half revenue rising 23.4% to RMB2.91 billion ($407 million). Profit reached RMB617.3 million, reversing a RMB1.49 billion loss a year earlier, though its core business remained loss-making on an adjusted basis.

Source: TechNode