YIDU TECH Issues Profit Alert, Anticipates Turnaround to Profit in FY2026

Stock News
Apr 20

YIDU TECH has announced that the group expects to achieve a net profit of approximately 55 to 70 million yuan for the fiscal year ending March 31, 2026, compared to a net loss of about 135 million yuan in fiscal year 2025. Additionally, profit attributable to the company's owners is projected to be between 41 and 56 million yuan for FY2026, a significant improvement from an attributable loss of roughly 118 million yuan in the prior fiscal year. The board of directors attributes this anticipated turnaround to profit primarily to two factors: (i) a substantial increase in new orders for the group's core business segments, driven by enhanced product value propositions and competitiveness following the integration of AI capabilities into product upgrades; and (ii) an improvement in gross profit margin, resulting from the higher added value of AI-enhanced products, increased operational efficiency, and economies of scale.

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