XJ INTL HLDGS(01765) expects annual net profit to be approximately 3.66 billion to 4.16 billion yuan.
Hope Education International Holdings (01765) has announced that the group expects to achieve... as of August 31, 2025 for the financial year ending.
XJ INTL HLDGS (01765) announced that the group is expected to achieve a net profit of approximately RMB 3.66 billion to RMB 4.16 billion for the financial year ending on August 31, 2025, while the net profit for the financial year ending on August 31, 2024 (2024 financial year) was approximately RMB 6.13 billion.
The decrease in expected net profit is mainly due to potential impairment losses related to goodwill of certain cash-generating units (CGUs) in Sichuan Province and Inner Mongolia Autonomous Region, China. This adjustment is based on the downward revision of expected cash flows of these CGUs to reflect the current market conditions in the local areas.
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