China Education Group Holdings Limited, listed under stock code 839, has released an update on its financial performance for the year ended 31 August 2025 (FY2025). The preliminary unaudited figures indicate an expected net profit of approximately RMB440 million to RMB600 million, compared to RMB502 million reported in FY2024.
The net profit estimate for FY2025 factors in an anticipated one-off, non-cash impairment loss on goodwill and intangible assets in certain cash-generating units located in Hainan, Guangdong, and Henan provinces. This impairment loss, targeting a range of RMB1,620 million to RMB1,700 million, primarily reflects revised future cash flow projections prompted by intensified competition and prevailing macroeconomic conditions.
The data remains subject to finalization and audit, and the company advises exercising caution when dealing in its securities. The audited annual results for FY2025 will be announced in due course.