Minsheng Education Group (HKG:1569) expects its H1 profit to decline year over year, according to a Hong Kong bourse filing Wednesday.
The education firm expects profit for the six months ended June 30 to fall by 56% from the 113.2 million yuan posted in the year-ago period.
The company's financial results are due by the end of August.
Shares of the company declined over 1% in late-morning trade Wednesday.