BDV EDU INTL (01082) has released its annual results for the year ended June 30, 2026, with revenue of HK$39.658 million, representing a year-on-year decline of 41.7%. The loss attributable to owners of the company was HK$23.265 million, narrowing by 55% year-on-year, with basic loss per share of HK$0.04.

The loss was primarily attributable to (i) an impairment loss on goodwill of approximately HK$4.98 million (2025: approximately HK$13.15 million); (ii) an impairment loss on trade receivables and contract assets of approximately HK$6.77 million (2025: approximately HK$22.52 million); and (iii) an impairment loss on loan receivables of approximately HK$7.13 million (2025: approximately HK$8.08 million), mainly resulting from increased asset impairments based on the principle of prudence, taking into account the slow economic recovery in Hong Kong.

Conversely, during the year, the effective implementation of stricter credit approval procedures for downstream distributor customers brought a positive impact to the group, successfully reducing credit risk.