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Bradaverse Education Reports Revenue Decline and Increased Financial Strain

Story Highlights
  • Bradaverse Education saw a 25.49% revenue drop and a HK$14.04 million loss.
  • The company’s financial ratios indicate decreased stability, with no interim dividend recommended.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bradaverse Education Reports Revenue Decline and Increased Financial Strain

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Hong Kong Education (Int’l) Investments Ltd ( (HK:1082) ) has issued an update.

Bradaverse Education (Int’l) Investments Group Limited reported a 25.49% decrease in revenue for the six months ended December 31, 2024, compared to the same period in 2023, with a loss of HK$14.04 million. The company’s current ratio decreased significantly, and the gearing ratio increased, indicating a shift in financial stability. The board decided not to recommend an interim dividend, reflecting cautious financial management amidst declining revenues and increased liabilities.

More about Hong Kong Education (Int’l) Investments Ltd

Bradaverse Education (Int’l) Investments Group Limited operates in the private education sector, offering private educational services, and is also involved in money lending and trading services related to virtual reality and digital entertainment.

YTD Price Performance: -1.12%

Average Trading Volume: 153,097

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.07B

Find detailed analytics on 1082 stock on TipRanks’ Stock Analysis page.

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