India, May 26 -- EHang Holdings Limited (EH), an autonomous aerial vehicle technology platform company, reported that its net loss for the first quarter widened to RMB78.394 million or US$10.80 million from RMB63.39 million in the first quarter of 2024. Net loss per ADS were RMB1.08 or US$0.14 compared to a loss RMB 1.00 in the prior year.
Adjusted net loss attributable to shareholders widened to RMB30.82 million or US$4.25 million from RMB 10.04 million in the prior year. Adjusted net loss per ADS was RMB0.42 or US$0.06 compared to adjusted net loss per ADS of RMB 0.16 prior year.
Total revenues for the quarter declined to RMB26.09 million or US$3.60 million from last year's RMB 61.73 million, due to decreased sales volume of EH216 serie...