Yidu Tech, Inc. (HK:2158) has released an update.
Yidu Tech Inc. reports a stable FY2024 with a marginal revenue increase and a significant reduction in losses, achieving a gross profit margin of 42.1%—an 8 percentage point increase from the previous year. The company made strides in AI healthcare, particularly with their proprietary medical large language model, which ranked first in medical AI evaluations. Despite these advances, no dividend distribution was recommended for the fiscal year.
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