YuHua Education's Profit Balloons 109% in Fiscal H1

MT Newswires Live
昨天

China YuHua Education (HKG:6169) recorded a 109% rise in adjusted attributable profit in the half year ended Feb. 28 to 434.5 million yuan from 208.2 million yuan a year prior, a Wednesday filing with the Hong Kong bourse said.

Earnings per share rose to 0.10 yuan in the six months from 0.05 yuan in the same period of the last fiscal year.

The firm's revenue rose 7.2% to 1.28 billion yuan in the interim period from 1.19 billion yuan previously, mainly due to an increase in student enrolment from several schools.

The rise in adjusted attributable profit was mainly due to revenue growth and lower costs and expenses, according to the educational services company.

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