Yidu Tech hits over 3-month high on expecting turnaround to yearly profit

Yidu Tech

20/04/2026 04:50

** Yidu Tech Inc 2158.HK shares jump 10.2% to HK$6.69, their highest level since January 15

** Stock on track for the biggest one-day pct rise since January 12

** Chinese AI healthcare solutions provider expects to record net profit in 55-70 mln yuan ($8.06-$10.26 mln) range for FY ended in March vs year-ago's net loss of 135.22 mln yuan

** Attributes to new orders across core business segments, gross profit margin improvement due to AI-integrated products upgrade, operational efficiency, economies of scale

** Citi, with "buy" rating, says net profit beats consensus

** Expects revenue growth acceleration trend along with fast-growing EPS trajectory from FY27 onwards

** YTD, stock up 18.9%, Hang Seng Index .HSI up 2.9%

($1 = 6.8199 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))