For the six months ended September 30, 2024, Legendary Edu Group recorded revenue of approximately 152.3 million Hong Kong dollars, an increase of 14.7% compared to the same period last year. The main growth came from the financial and investment education business, with revenue reaching 111.4 million Hong Kong dollars, a year-on-year increase of 12.5%; tuition income from private auxiliary education business also increased to 38.9 million Hong Kong dollars, a year-on-year increase of 22.3%. The profit for the period was approximately 21.8 million Hong Kong dollars, slightly higher than the 20.2 million Hong Kong dollars in the same period last year. Management indicated that the strong performance of the financial and investment education business was the main driver of revenue growth. Due to China's...Show More

For the six months ended September 30, 2024, Legendary Edu Group recorded revenue of approximately 152.3 million Hong Kong dollars, an increase of 14.7% compared to the same period last year. The main growth came from the financial and investment education business, with revenue reaching 111.4 million Hong Kong dollars, a year-on-year increase of 12.5%; tuition income from private auxiliary education business also increased to 38.9 million Hong Kong dollars, a year-on-year increase of 22.3%. The profit for the period was approximately 21.8 million Hong Kong dollars, slightly higher than the 20.2 million Hong Kong dollars in the same period last year. Management indicated that the strong performance of the financial and investment education business was the main driver of revenue growth. Due to China's economic slowdown and changes in consumer shopping patterns, the retail trade sector is facing challenges; therefore, the company has taken measures to restructure its sales network to adapt to market changes. As for the lending business, interest income was approximately 1.9 million Hong Kong dollars, and the company will continue to manage risks prudently. Looking ahead, Legendary Edu Group will focus on expanding its market share in financial and investment education business, and seek property investment opportunities in Hong Kong and the Asia Pacific region. There is strong demand for private auxiliary education services, and the company is optimistic about its prospects, expecting this business to further enhance financial performance and shareholder value.