JH Education (01935) issued a profit warning, expecting the shareholders' comprehensive net profit attributable to decrease by about 25% to 30% compared to the fiscal year 2025.
Jiahong Education (01935) announced that, compared to the fiscal year 2024, it is expected that the comprehensive net profit attributable to owners of the company for the year ending December 31, 2025 will decrease by approximately 25% to 30%.
JH EDUCATION (01935) announced that compared to the fiscal year 2024, it is expected that the group's comprehensive net profit attributable to owners of the company for the fiscal year ending December 31, 2025 will decrease by approximately 25% to 30%.
The Board of Directors believes that the decrease in the comprehensive net profit attributable to owners of the company for the year 2025 is mainly due to (i) a major renovation of student dormitories at the group's operating college in Hangzhou during the fiscal year 2025, with the remaining value of these dormitories being written off as of December 31, 2025, resulting in losses from disposal of property, plant and equipment; (ii) to support the upcoming operation of a new campus expected to begin in September next year, and to enhance the quality of education of the group, more new teachers were recruited in the fiscal year 2025, resulting in significant increase in salaries and benefits.
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