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Yidu Tech Inc.'s (HKG:2158) 26% Share Price Surge Not Quite Adding Up
Yidu Technology (02158) reported adjusted EBITDA profitability for the mid-term of fiscal year 2025 and has repurchased more than 22 million Hong Kong dollars since April.
On November 21, 2024, China's leading AI medical company, iFlytek (02158), released the performance report for the first half of the 2025 fiscal year and held a performance presentation the next day.
[Hong Kong Stock Connect] Yidu Technology (02158) initially dropped by 11.56%, with mid-term revenue decreasing by 7.6% year-on-year to 0.329 billion RMB.
King Golden Financial News | Meditotal Technology (02158) fell in the early trading session, as of press time, down 11.56%, at 4.82 Hong Kong dollars, with a turnover of 17.5286 million Hong Kong dollars. The company recently announced that for the six months ended September 30, 2024, the company's owners' loss was 43.446 million yuan (RMB, same below), a 42.66% decrease year-on-year; a loss of 56.4 million yuan during the period, a 29.15% decrease year-on-year; basic loss per share was 0.04 yuan. The board of directors does not recommend the distribution of interim dividends for the six months ended September 30, 2024. During the period, the revenue was 0.329 billion yuan, a 7% decrease year-on-year.
Zhitong Hong Kong stocks early knowledge | Hua Hong (01347) received a 40nm MCU order from stmicroelectronics. The hang seng index company today announced the results of the third quarter review.
On November 21st, europe chip giant stmicroelectronics (STM.US) held an investor day event in Paris, France on Wednesday local time, announcing a cooperation with the second largest wafer foundry in china to produce 40nm node microcontrollers (MCUs) in china, in support of its long-term revenue goals.
Yidu Tech's Loss Narrows in Fiscal H1 Despite Lower Revenue
One image to understand | Yidu Technology (02158) FY25 mid-term performance: Adjusted EBITDA continues to turn positive, with profit levels approaching last year's total.
Yidu Technology (02158) released the financial report for the six months ending September 30, 2024.
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