BDV EDU INTL issued a profit warning, expecting the annual loss attributable to shareholders to expand year-on-year to no less than approximately HKD 51.65 million
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BDV EDU INTL issued a profit warning, expecting that the annual loss attributable to shareholders for the year ending June 30, 2025, will expand to no less than approximately HKD 51.65 million, a significant increase from HKD 27.56 million in 2024. The loss is primarily due to goodwill impairment, impairment of trade receivables and contract assets, as well as impairment of loan receivables. The board pointed out that the slow recovery of the Hong Kong economy is the main reason for the increase in asset impairment
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