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The latest announcement is out from Yidu Tech, Inc. ( (HK:2158) ).
Yidu Tech Inc. expects to swing to a net profit of about RMB55 million to RMB70 million for the fiscal year ended March 31, 2026, compared with a net loss of roughly RMB135.2 million a year earlier. Profit attributable to owners is estimated at RMB41 million to RMB56 million, versus a loss of about RMB117.8 million in the prior fiscal year.
Management attributes this turnaround to a surge in new orders across its core segments, driven by continuous upgrades that embed AI into its products and strengthen their value proposition. Higher gross margins, supported by the greater value-add of AI-integrated offerings, operational efficiency gains, and economies of scale, are also expected to underpin the improved financial performance and signal stronger industry positioning for the group.
More about Yidu Tech, Inc.
Yidu Tech Inc. is a Hong Kong–listed technology company focused on AI-powered products and solutions, operating through several core business segments. The group targets data-driven, high-value applications where upgraded AI capabilities and operational efficiency can enhance competitiveness and profitability.
Average Trading Volume: 6,843,476
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.99B
For a thorough assessment of 2158 stock, go to TipRanks’ Stock Analysis page.