Summary by Moomoo AI
As of the six months ended September 30, 2024, Yidu Technology's revenue was RMB 329.4 million, a decrease of 7.6% year-on-year. Gross profit was RMB 117.4 million, a decrease of 13.8% year-on-year. Operating loss reduced to RMB 54.3 million, a decrease of 30.7% year-on-year. Net loss reduced to RMB 56.4 million, a decrease of 29.2% year-on-year. The board of directors does not recommend the distribution of interim dividends. Management pointed out that the decline in revenue was mainly due to the external market environment and changes in product portfolio. However, the improvement in internal operational efficiency and the enhanced synergy between business sectors led to a reduction in losses. The company's deep accumulation in AI technology and medical field has...Show More