For the six months ended September 30, 2024, edvance intl recorded revenue of approximately 362.1 million Hong Kong dollars, an increase of 24.6% compared to the same period last year; gross profit was approximately 70.7 million Hong Kong dollars, representing a year-on-year growth of 3.3%. The loss attributable to the owners of the company decreased to approximately 1.2 million Hong Kong dollars, down 81.9% year-on-year. Excluding the impact of changes in the fair value of financial assets, the adjusted profit was approximately 9.7 million Hong Kong dollars. The board of directors does not recommend paying a dividend. Management pointed out that revenue growth was mainly due to strong demand for cybersecurity products and services. Despite the impact of investment fair value losses, operating profit has...Show More

For the six months ended September 30, 2024, edvance intl recorded revenue of approximately 362.1 million Hong Kong dollars, an increase of 24.6% compared to the same period last year; gross profit was approximately 70.7 million Hong Kong dollars, representing a year-on-year growth of 3.3%. The loss attributable to the owners of the company decreased to approximately 1.2 million Hong Kong dollars, down 81.9% year-on-year. Excluding the impact of changes in the fair value of financial assets, the adjusted profit was approximately 9.7 million Hong Kong dollars. The board of directors does not recommend paying a dividend. Management pointed out that revenue growth was mainly due to strong demand for cybersecurity products and services. Despite the impact of investment fair value losses, operating profit has improved. The company has successfully transformed into a subscription-based business model and has become a distributor of two new cybersecurity products. In the future, the company will continue to focus on core business development, providing high-value services. Looking ahead, edvance intl holds an optimistic outlook on business prospects, expecting continued growth in demand for cybersecurity products and services. The company will focus on developing security solutions that cater to regional needs while maintaining caution in operational management. Management appreciates the support of employees, partners, and shareholders and looks forward to future developments.