NEUTECH GROUP (09616) announced that for the six months ending June 30, 2025, the group expects to achieve: profit attributable to owners of the company to decrease by approximately 20%-30% compared to the same period ended June 30, 2024; adjusted net profit attributable to owners of the company to decrease by approximately 20%-30% compared to the same period ended June 30, 2024.

The board of directors believes that the decline in profit attributable to owners of the company and adjusted net profit attributable to owners of the company is mainly due to the following reasons: (i) increases in costs and expenses, primarily because: to build an integrated business ecosystem of "education-medical-elderly care-health-tourism" and achieve strategic transformation and upgrade, the group completed the acquisition of Neusoft Health Medical Management Co., Ltd. (Neusoft Health Medical, together with its subsidiaries collectively referred to as the "Health Medical Group") on May 31, 2024, with the Health Medical Group's financial results fully consolidated into the group during this period; and the group increased investment in other healthcare-related businesses to advance strategic transformation and upgrade; (ii) delayed delivery timing of educational technology products leading to reduced revenue from education resource export business; and market changes resulting in decreased student enrollment, which reduced continuing education service revenue.