Chen Lin Education Group Warns of Large Loss on One-Off Non-Cash Expenses

Reuters
2025/11/26
Chen Lin Education Group Warns of Large Loss on One-Off Non-Cash Expenses

Chen Lin Education Group Holdings Ltd. has issued a profit warning, announcing that it expects to record a loss of no less than RMB320 million for the financial year ended 31 August 2025, compared to a profit in the previous year. The loss is primarily attributed to significant one-off non-cash expenses, including impairment losses of goodwill and certain non-current assets, as well as a one-off non-cash loss related to the restoration of deferred revenue following the withdrawal of an application to convert from a not-for-profit to a for-profit college. The company emphasized that, excluding these one-off items, its adjusted non-IFRS net profit before interest, tax, and depreciation is expected to remain stable. The financial results are yet to be audited and are subject to further adjustments.

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. Chen Lin Education Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251126-11928266), on November 25, 2025, and is solely responsible for the information contained therein.

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