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Cathay Media and Education Group Inc. ( (HK:1981) ) just unveiled an announcement.
Cathay Media and Education Group Inc., a company incorporated in the Cayman Islands, has announced a significant increase in its unaudited consolidated profit for the first half of 2025. The profit is expected to rise from RMB59.3 million in the same period of 2024 to approximately RMB140 million. This increase is primarily attributed to the absence of further impairment losses on major trade receivables from its TV/film production and investment business, as well as bridging loans. The company is in the process of finalizing its financial statements, and stakeholders are advised to exercise caution when dealing with the company’s shares.
The most recent analyst rating on (HK:1981) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Cathay Media and Education Group Inc. stock, see the HK:1981 Stock Forecast page.
More about Cathay Media and Education Group Inc.
Average Trading Volume: 1,972,375
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.03B
For detailed information about 1981 stock, go to TipRanks’ Stock Analysis page.