SCHOLAR EDU (01769) released its interim results, with a profit attributable to shareholders of 12.757 million yuan, a year-on-year decrease of 79.7%.

SCHOLAR EDU (01769) released its interim results for the six months ended June 30, 2026, showing revenue of 424 million yuan, a year-on-year decrease of 3.5%. The profit attributable to the companys owners for the period was 12.757 million yuan, a year-on-year decrease of 79.7%; the adjusted profit was 26.031 million yuan, a year-on-year decrease of 68%; and earnings per share were 1.93 cents. The Groups strategic development in Guangdong Province continues to make progress. The courses in Guangzhou have received recognition from parents and students, achieving encouraging preliminary results. Currently, enrollment at the new learning centers in Guangzhou is ideal, and overall operations have exceeded expectations. However, the initial operating periods of some competency learning centers and the preparation time required for market penetration have taken longer than anticipated. Consequently, the income generated by these learning centers (during their initial operation) remains relatively limited, while direct operating costs, including employee salaries and benefits, amortization, depreciation, utility, and property management expenses, remain at a high level relative to the revenue generated, thereby negatively impacting the Groups overall profitability.