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The latest update is out from Cathay Media and Education Group Inc. ( (HK:1981) ).
Cathay Media and Education Group Inc. has renewed its lease agreements for its headquarters with a significant 47% reduction in rental costs. This strategic move, involving connected transactions with the controlling shareholder, Mr. Pu, is expected to enhance the company’s operational efficiency and financial positioning by reducing overhead costs, thereby potentially benefiting stakeholders.
The most recent analyst rating on (HK:1981) stock is a Hold with a HK$1.00 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.
Cathay Media and Education Group Inc. operates in the media and education industry, focusing on providing audio-visual media services and educational consulting. The company has a significant presence in China, with various subsidiaries involved in cultural media and vocational training.
Average Trading Volume: 2,982,573
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.74B
See more data about 1981 stock on TipRanks’ Stock Analysis page.