Scholar Education Forecasts 63% Surge in 2024 Profit

MT Newswires Live

03/12

Scholar Education Group (HKG:1769) expects a net profit of at least 140 million yuan for 2024, up 63% from 86 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

The educational company attributed the forecast to higher revenue due to increased tutoring hours and efforts to improve operational efficiency.

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