WISDOM EDU INTL (06068) issues profit warning, expecting an annual comprehensive net profit of approximately 90 million yuan.

WISDOM EDU INTL (06068) announced that the group is expected to achieve an unaudited comprehensive net profit of approximately RMB 90 million for the fiscal year ending on August 31, 2024, while the audited comprehensive net profit for the fiscal year ending on August 31, 2023 was approximately RMB 163 million. The decrease in profit is mainly due to a significant decrease in school-related supply chain business revenue and comprehensive education service revenue, which decreased by approximately RMB 70.9 million and RMB 67.4 million respectively.