Cathay GP Holdings (01981) announces profit growth, expecting comprehensive profit for the year 2025 to exceed 300 million yuan, a significant year-on-year increase.

CATHAY GP HLDGS (01981) announced that the comprehensive profit of the Group for the year ending December 31, 2025 is expected to exceed RMB 300 million, a significant increase from RMB 117 million for the year ended December 31, 2024. The significant growth in the comprehensive profit of the Group during the reporting period is mainly attributed to: the increase in undergraduate tuition fees for media and arts higher education business and an increase in the number of undergraduate students, driving up core business revenue and gross profit; significant trade receivables in the film and television production business, and other receivables included in the media and arts higher education business during the reporting period did not require additional impairment. The Group is actively developing new businesses, including knowledge payment and vertical e-commerce, as well as artificial intelligence teaching and artificial intelligence art courses, to build an integrated ecosystem of industry and education, which is expected to bring new growth drivers for the Group in the future.