As of the six months ended September 30, 2024, edvance intl recorded revenue of approximately 362.1 million Hong Kong dollars, an increase of 24.6% from the same period last year; gross profit was approximately 70.7 million Hong Kong dollars, an increase of 3.3% year-on-year. The loss attributable to owners of the company decreased to approximately 1.2 million Hong Kong dollars, a decrease of 81.9% year-on-year. Management does not recommend the distribution of interim dividends. Management pointed out that the growth in revenue was mainly due to the strong demand for cybersecurity products and services in Hong Kong. Despite recording fair value losses on investments, operational profit has improved. The company has successfully transformed into a subscription-based business model and has become a distributor...Show More

As of the six months ended September 30, 2024, edvance intl recorded revenue of approximately 362.1 million Hong Kong dollars, an increase of 24.6% from the same period last year; gross profit was approximately 70.7 million Hong Kong dollars, an increase of 3.3% year-on-year. The loss attributable to owners of the company decreased to approximately 1.2 million Hong Kong dollars, a decrease of 81.9% year-on-year. Management does not recommend the distribution of interim dividends. Management pointed out that the growth in revenue was mainly due to the strong demand for cybersecurity products and services in Hong Kong. Despite recording fair value losses on investments, operational profit has improved. The company has successfully transformed into a subscription-based business model and has become a distributor of two new cybersecurity products, further strengthening its market position. Looking ahead, edvance intl is optimistic about the business prospects, especially in the cybersecurity demand in Hong Kong and the ASEAN region. The company will focus on developing core operations, providing high-value services, and prudently managing operations. Management appreciates the support of employees, partners, and shareholders, and looks forward to future developments.