ALLI INTL ED LE (01563) is expected to have an annual net profit of approximately 60 to 130 million yuan.
Youlian International Education Leasing (01563) announced that the Group expects to take measures to the end of the financial year ended March 31, 2025.
ALLI INTL ED LE(01563) announces that the group expects to achieve a comprehensive net profit ranging from RMB 60 million to 130 million for the year ending on March 31, 2025, compared to a net profit of approximately RMB 182.8 million for the fifteen months ending on March 31, 2024, a decrease of about 28.9% to 67.2%.
The expected decrease in net profit is mainly due to: (i) an increase in expected credit losses on financing leases and other receivables due to economic and business environment fluctuations during the current reporting year, resulting in recognition of impairment loss provision; (ii) impact of change in financial year-end date. The reporting period ending on March 31, 2025 covers twelve months, while the reporting period ending on March 31, 2024 covers fifteen months.
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