Shares of Beijing Airdoc Technology Co Ltd (AIRDOC-B) plunged 5.17% in Friday's trading session, following the company's release of its fiscal year financial results. The significant drop comes as investors react to the substantial loss reported by the AI-driven medical solutions provider.

According to the financial report released late Thursday, Beijing Airdoc Technology posted a loss attributable of RMB 255.5 million for the fiscal year. This considerable loss overshadowed the company's revenue of RMB 156.4 million and capital expenditure of RMB 70.5 million for the same period.

The market's negative reaction suggests investors are concerned about the company's financial health and its path to profitability. As Beijing Airdoc Technology continues to invest in its AI-powered medical imaging technology, the substantial loss may raise questions about the company's burn rate and its ability to achieve sustainable growth in the competitive healthcare technology sector.