Edvantage Group's Fiscal H1 Profit Declines 58%

MT Newswires Live

04/28

Edvantage Group (HKG:0382) booked 101.5 million yuan in attributable profit for the fiscal first half ended Feb. 28, falling 58% from 243.7 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.

Earnings per share were 0.0850 yuan, compared with 0.2092 yuan in the prior year.

Revenue fell 4.9% year on year to 1.19 billion yuan, figures showed.

Shares of the company were down over 2% in afternoon trade Tuesday.

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