Virscend Education Company Limited (Virscend Edu) announced that, based on a preliminary review of unaudited management accounts for the six months ended 28 February 2026, profit attributable to owners is expected to decline by as much as 50% versus the same period in 2025, while revenue is projected to remain broadly unchanged.

Management attributes the anticipated earnings contraction to three main factors: 1. Increased teachers’ remuneration aimed at retaining high-quality staff. 2. Higher interest expenses stemming from expanded borrowings. 3. Rising exchange losses triggered by Hong Kong dollar depreciation against the renminbi.

The company emphasized that the figures are unaudited and subject to review. Detailed interim results are scheduled for release by end-April 2026. Shareholders and potential investors are advised to exercise caution when dealing in Virscend Edu shares.