Hesai Group reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 359.12 million compared to CNY 429.93 million a year ago. Net loss was CNY 106.93 million compared to CNY 118.91 million a year ago.

Basic loss per share from continuing operations was CNY 0.84 compared to CNY 0.98 a year ago.