Core Viewpoint - New Oriental Education (00970.HK) reported a revenue of approximately HKD 1.188 billion for the six months ending September 30, 2025, representing a year-on-year increase of about 13.6%, primarily driven by a significant rise in Rolls-Royce sales [1] Financial Performance - Revenue for the six months ending September 30, 2025, was approximately HKD 1.188 billion, up 13.6% year-on-year [1] - Other income, gains, and losses recorded a net loss of approximately HKD 4.6 million, compared to a net loss of approximately HKD 39.9 million for the six months ending September 30, 2024 [1] - The changes in net loss were mainly attributed to fluctuations in the fair value of investments in films and television programs, as well as the transfer of income from Tmall stores [1] Dividend Policy - The board has decided not to recommend the distribution of an interim dividend for the six months ending September 30, 2025, consistent with the previous period [1] Business Overview - The company operates as an investment holding company, with subsidiaries primarily engaged in luxury goods and automotive distribution, after-sales services, property management, property leasing, and film-related businesses, including production and investment [1] - The group's operations are mainly located in Hong Kong and China [1]

Core Viewpoint - The company reported a significant decline in revenue and gross profit for the fiscal year ending July 31, 2025, primarily due to reduced earnings from its film, television, and media entertainment segments, although there was a slight offset from increased theater operations revenue [1] Financial Performance - The company recorded a revenue of HKD 780 million for the fiscal year ending July 31, 2025, down approximately 33.2% from HKD 1.167 billion in 2024 [1] - Gross profit decreased by about 16.2% to HKD 377.8 million in 2025, compared to HKD 451.1 million in 2024, mainly due to the absence of television program launches during the review period [1] Net Loss and Equity - The net loss attributable to shareholders significantly improved to approximately HKD 12.8 million in 2025, compared to a net loss of HKD 510 million in 2024 [1] - As of July 31, 2025, the equity attributable to shareholders was HKD 67.4 million, down from HKD 118.5 million on July 31, 2024 [1] - The net asset value per share was HKD 0.038 in 2025, compared to HKD 0.067 in 2024 [1]