DIDA INC Forecasts 2025 Shareholder Profit Between RMB123.3 Million and RMB136.3 Million

Stock News
Mar 06

DIDA INC (02559) announced that the group expects to achieve the following for the fiscal year ending December 31, 2025: (i) revenue of approximately RMB477.3 million to RMB527.6 million, representing a year-on-year decrease of 33% to 39%; (ii) profit attributable to equity shareholders of approximately RMB123.3 million to RMB136.3 million, reflecting a year-on-year decline of 86% to 88%; and (iii) adjusted net profit of approximately RMB131 million to RMB144.8 million, a decrease of 32% to 38% compared to the prior year. The board attributes the anticipated declines primarily to unfavorable macroeconomic conditions and price pressures stemming from intense competition within the transportation industry, which have led to reduced carpooling activity and a lower number of completed orders. Furthermore, the profit attributable to equity shareholders in 2024 included a significant change in the fair value of preferred shares, whereas the company no longer holds any preferred shares in 2025.

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