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<Research>Haitong Int'l Forecasts BIDU-SW's 1Q Core Adj. Operating Profit to Fall 23% YoY
Recommend 9 Positive 11 Negative 9 |
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Haitong International has issued a research report forecasting that BIDU-SW (09888.HK) will record a drop of 2% YoY or 5% QoQ in 1Q26 core business revenue to RMB24.9 billion. Specifically, BIDU-SW's core advertising revenue is expected to decline by 20% YoY or 15% QoQ, while AI cloud business revenue will grow by 45% YoY. Core adjusted operating profit should slip by 23% YoY to RMB3.8 billion, implying an operating margin of 15%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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