Summary by Moomoo AI
Medi-Run Technology Co., Ltd. announced its annual performance for the fiscal year ending on March 31, 2024. The company's revenue increased slightly by 0.3% to RMB 8,070.76 million, and gross profit increased by 23.6% to RMB 3,394.45 million. The annual loss significantly decreased by 65.0% to RMB 2,212.42 million. Revenue from big data platforms and solutions increased by 41.4%, life science solutions increased by 28.1%, while revenue from health management platforms and solutions decreased by 48.7%. The board of directors does not recommend the distribution of final dividends. The company continues to invest in AI technology and has achieved excellent results in the MedBench evaluation of large language models. As of the reporting period, the company's total cash and cash equivalents, fixed deposits, etc. amounted to RMB 3,409.9 million, which is similar to the same period last year. The company will continue to focus on core business, improve operational efficiency and profit quality.