GOLDWAY EDU (08160) released its interim results, with a shareholder's loss of 3.232 million Hong Kong dollars, a 69.84% increase year-on-year.

GOLDWAY EDU (08160) released its interim performance for the six-month period ending on September 30, 2024. The group achieved a profit of HK$22.902 million, a decrease of 1% year-on-year; the group's share of losses attributable to owners amounted to HK$3.232 million, an increase of 69.84% year-on-year; loss per share was 2.43 HK cents. During the six-month period ending on September 30, 2024, the group's main business was providing tutoring services to primary and secondary students in Hong Kong. The revenue from tutoring business increased by approximately 8.2% compared to the same period last year, mainly due to an increase in the number of tutoring centers operated by the company. Currently, the company operates 13 tutoring centers in Hong Kong (compared to 10 in 2023).