Yidu Tech's Loss Narrows in Fiscal H1 Despite Lower Revenue

MT Newswires Live

2024-11-21

Yidu Tech's (HKG:2158) attributable loss narrowed to 43.4 million yuan in the first half ended Sept. 30 from 75.8 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong exchange.

Loss per share at the medical data company narrowed to 0.04 yuan from 0.07 yuan in the previous year.

Revenue declined 7.6% to 329.4 million yuan from 356.5 million yuan a year earlier.

Yidu Tech's shares closed 9% lower on Thursday.

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