NEW HIGHER EDU (02001) announced its interim performance, with a net profit increase of 8.6% year-on-year to 469 million yuan. The high-quality employment outcomes are impressive.

NEW HIGHER EDU (02001) announced its interim performance for the six months ending on February 28, 2025, with its main operating income increasing by 7.8% year-on-year to 1.413 billion yuan, total revenue increasing by 11.4% year-on-year to 1.6513 billion yuan, adjusted net profit increasing by 7.0% year-on-year to 456 million yuan, and net profit increasing by 8.6% year-on-year to 469 million yuan. The announcement stated that the revenue growth was mainly attributed to the continuous advantages of group operation in education, continuous high-quality development, and the steady growth of tuition and accommodation fee income. The group has achieved remarkable results in high-quality employment, with the employment rate and the proportion of high-quality employment continuing to rise. As of December 31, 2024, the final graduation implementation rate of the 2024 graduates reached 98.03%, maintaining a high level for five consecutive years. The proportion of graduates with high-quality employment reached 37.72%, with the number of graduates employed in the world's top 500 companies, top 100 companies in China, and A-share listed companies increasing by 90% compared to the same period last year.