BEXCELL

BEXCELLENT GP (01775) announced that, based on the information available to the company's management and the preliminary review and assessment of the unaudited consolidated management accounts for the four months ended November 30, 2025, the company's owners' share of unaudited comprehensive profit was approximately HK$3 million compared with a loss for the four months ended November 30, 2024. The loss for the four months ended November 30, 2024 was mainly due to significant expansion of the professional teaching and administrative team to enhance education quality and operational capabilities, resulting in increased staff-related costs; substantial investment in research and development of specialized courses and learning materials tailored for international curriculum and assessment to ensure academic excellence and competitive advantage; and significant expenses generated from targeted marketing activities aimed at strengthening our brand and further penetrating the mainland China market. The main reason for the profit for the four months ended November 30, 2025 is due to the strong momentum in operations and revenue growth achieved through these fundamental investments. Key contributing factors include a significant increase in student enrollment at our partner schools, indicating demand for our educational services in mainland China. In addition, our supplemental education services and product revenues showed strong growth. This performance demonstrates our successful planning of operational scale and our ability to effectively monetize it after enhancing teaching resources and curriculum.