Jinwu Financial News | Yidu Technology (02158) declined at the beginning of the session. At press time, it fell 11.56% to HK$4.82, with a turnover of HK$17.5286 million.
The company recently announced that for the six months ended September 30, 2024, the loss due to company owners was 43.446 million yuan (RMB, same below), a year-on-year reduction of 42.66%; loss during the period was 56.4 million yuan, a year-on-year decrease of 29.15%; and a basic loss of 0.04 yuan per share. The Board does not recommend the distribution of an interim dividend for the six months ended September 30, 2024.
During the period, revenue was 0.329 billion yuan, a year-on-year decrease of 7.6%. The decrease was mainly due to reduced revenue achieved by the Life Sciences Solutions Division and the Health Management Platforms and Solutions segment; gross profit recorded $0.117 billion, a decrease of 13.84% year over year. Overall gross margin was 35.6%, down 2.6 percentage points year on year; R&D expenditure decreased 9.6% year over year to 93.7 million yuan, mainly due to a reduction in employee benefits and expenses for employees engaged in R&D functions from 70.1 million yuan to 49.3 million yuan.
