CHINA EDU GROUP (00839) releases its mid-year financial results with a net profit attributable to shareholders of 967 million yuan, a decrease of 9.7% compared to the same period last year.
China Education Group (00839) announced its interim performance for the six months ending on February 28, 2025, with a revenue of 36.7...
CHINA EDU GROUP (00839) announced its interim performance for the six months ending February 28, 2025. The revenue was RMB 3.673 billion, an increase of 11.8% year-on-year; net profit attributable to shareholders was RMB 967 million, a decrease of 9.7% year-on-year; basic earnings per share were 35.63 cents.
The announcement stated that the increase in revenue was mainly due to an increase in the number of students. At the same time, with the expansion of campuses and the addition of courses, there has been growth in investment in teachers and teaching.
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