Yidu Tech reports first full-year profit on adjusted EBITDA, with revenue at RMB 807.1 million and adjusted net loss narrowing by 64.8% YoY.

Yidu Tech reports FY2024 results, with existing business achieving first full-year profit on adjusted EBITDA. Total revenue reached RMB 807.1 million, and gross profit margin increased by 8.0 percentage points to 42.1%. Adjusted net loss narrowed from RMB 448.7 million to RMB 158.1 million, down 64.8% YoY. The results showcase the success of Yidu Tech's "Focus" strategy in enhancing operational efficiency, profitability, and business competitiveness.

July 01, 2024
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