According to the Zhitong Finance App, Dadi Education (08417) announced its results for the nine months ended December 31, 2022, with revenue of about HK$9.49,000, a year-on-year decrease of about 7.85%. Shareholders of the company accounted for a loss of HK$10.403 million, an increase of 85.24% over the previous year; a loss of HK$0.59 per share.

According to the announcement, the decline in earnings was mainly due to the depreciation of the exchange rate of foreign currency against the Hong Kong dollar during the period, while the company's earnings were mainly denominated in foreign currency in the region where the group's customers were located. The net loss was mainly due to an increase in exchange loss to approximately HK$3.2 million and an increase in the fair value loss of financial assets, which included profit and loss at fair value, to approximately HK$2.2 million.