VIRSCEND EDU (01565) has announced that the group expects the profit attributable to company owners for the six months ending February 28, 2026, to decrease by no more than 50% compared to the same period in 2025, while revenue remained flat year-on-year. The decline in profit during the reporting period is primarily due to (i) increased teacher salaries aimed at retaining top talent to provide high-quality educational services; (ii) higher interest expenses resulting from increased borrowing; and (iii) a rise in exchange losses.