Shares of EDIANYUN (HK:2416) are surging 7.22% in pre-market trading on Friday, following the release of its impressive full-year financial results. The Chinese IT services provider reported a profit before tax of RMB77.7 million and revenue of RMB1.36 billion for the fiscal year.

The strong financial performance has evidently boosted investor confidence in EDIANYUN, leading to the significant uptick in its stock price. This surge comes as a positive sign for the company, which operates in the competitive IT services sector in China.

Analysts are likely to view these results favorably, as they demonstrate EDIANYUN's ability to generate substantial revenue and maintain profitability in a challenging market environment. The pre-market rally suggests that investors are optimistic about the company's future prospects and its potential for continued growth in the IT services industry.