YIDU TECH (02158) announces profit increase, with an expected profit of around 410-560 million yuan for the 2026 fiscal year, turning losses into profits year-on-year.

YIDU TECH (02158) announced that the group expects to achieve a net profit of approximately 55-70 million yuan for the financial year ending March 31, 2026, while in the 2025 financial year, it incurred a net loss of approximately 135 million yuan. It is also expected that the group's attributable profit to owners for the 2026 financial year will be around 41-56 million yuan, compared to an attributable loss of approximately 118 million yuan in the 2025 financial year. The board of directors believes that the expected turnaround from loss to profit is mainly due to (i) the continuous upgrading of the group's products with AI capabilities, resulting in increased new orders in the core business sectors of the group, enhancing the value proposition and competitiveness of the group's products; and (ii) an improvement in gross profit margin, attributed to the higher added value of AI-incorporated products after upgrading, improved operational efficiency, and economies of scale.