CHINA EAST EDU (00667) Issues Profit Alert, Anticipates 46%-51% Net Profit Growth for 2025

Stock News
02/09

CHINA EAST EDU (00667) has announced that the group expects both its net profit and adjusted net profit for the year ending December 31, 2025, to increase by no less than 46% but no more than 51% compared to the net profit of approximately RMB 513 million and adjusted net profit of approximately RMB 525 million for the year ending December 31, 2024. Based on the information currently available to the board, the increase in net profit and adjusted net profit for the year is primarily attributable to (i) an approximate 6% rise in new student and new customer enrollments during the year, leading to an approximate 12% increase in the company's revenue; and (ii) the group's effective operational management and cost control during the year, which resulted in only a relatively moderate increase in overall costs despite significant revenue growth. On another note, as disclosed in the 2024 annual report and the 2025 interim report, in January 2025, the group acquired Shanxi Metallurgical Technician Institute and other associated companies (collectively referred to as the Target Group) for a total cash consideration of RMB 10 million (the Acquisition). In addition to the cash consideration paid, the group also provided RMB 15.35 million to support the Target Group's daily operations prior to the completion of the Acquisition. Following the completion of the Acquisition, the Target Group recorded a loss of approximately RMB 10 million during the year, which has been consolidated into the group's comprehensive management accounts for the year. The group's net profit and adjusted net profit for the year ended December 31, 2024, were not affected by this.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10