Lobo management says six-month revenue rise to $14.59 million is driven by higher EV sales and new AI infrastructure services```

Bitget2026/09/18 20:08

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Management commentary covered the six months ended June 30, 2026, with revenue rising 20.6% to $ 14.59 million.
Growth reflected higher electric vehicle and accessories sales, up 8.2% to $ 13.08 million, supported by higher e-bicycle revenue.
New AI infrastructure services contributed $ 1.5 million of revenue, with $ 1.25 million of related cost of revenue.
Gross profit slipped to $ 1.93 million from $ 1.94 million as margin narrowed to 13.2% from 16.1%.
Net loss narrowed to $ 1.08 million from $ 2.62 million, helped by lower administrative costs and sharply lower interest expense.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lobo Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-043339), on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lobo management says six-month revenue rise to $14.59 million is driven by higher EV sales and new AI infrastructure services```

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