GOLDWAY EDU (08160) issues profit warning, expecting mid-term net loss attributable to shareholders to increase to approximately HK$7.6 million.
GOLDWAY EDU (08160) announced that the group expects to record a loss attributable to shareholders of approximately 7.6 million Hong Kong dollars for the six months ending on September 30, 2025, compared to a loss of approximately 3.2 million Hong Kong dollars for the six months ending on September 30, 2024. The increase in loss is mainly due to employee welfare expenses, other operating expenses, and fair value losses on financial assets recognized in profit and loss, which have increased compared to the same period last year.
GOLDWAY EDU (08160) announced that the group is expected to incur a loss attributable to shareholders of approximately 7.6 million Hong Kong dollars for the six months ending on September 30, 2025, compared to a loss of 3.2 million Hong Kong dollars for the six months ending on September 30, 2024. The increase in loss is mainly due to higher employee benefit expenses, other operating expenses, and fair value losses on financial assets recognized in profit or loss compared to the same period last year.
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