Virscend Education Reports 13.7% Revenue Increase and 58.5% Profit Surge in H1 2025; EPS Rises 0.6 fen

Reuters
05-21
Virscend Education Reports 13.7% Revenue Increase and 58.5% Profit Surge in H1 2025; EPS Rises 0.6 fen

Virscend Education Co. Ltd. has released its financial results for the six-month period ending February 28, 2025. The company's revenue increased by 13.7% to RMB 591.5 million from RMB 520.4 million in the same period the previous year. Gross profit rose by 15.8% to RMB 207.6 million, driven by an increase in average tuition fees and student enrollment. The profit for the period reached RMB 58.4 million, marking a 58.5% increase from RMB 36.8 million reported in the corresponding period in 2024. The profit attributable to owners of the company was RMB 49.1 million, up 55.3% from RMB 31.6 million. Adjusted net profit, a non-IFRS measure, increased by 26.8% to RMB 62.1 million. Earnings per share saw an improvement, with basic and diluted earnings per share rising to 1.6 fen from 1.0 fen in the previous year. The increase in the company's total revenue was largely attributed to higher tuition fees, boarding fees, and canteen operations fees, in line with the growth in student enrollment. For the 2024-2025 school year, Virscend Education Group's self-operated schools had a total enrollment of 34,307 students across its high schools and university, and the company employed 1,513 teachers in China. Additionally, Virscend University in Irvine, California, received full accreditation from the WASC Senior College & University Commission in March 2024, currently offering a Master of Business Administration program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virscend Education Co. Ltd. published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

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