CHEN LIN EDU Reports Interim Loss of 23.64 Million Yuan, Shifting from Profit Year-on-Year
Stock News
Apr 28
CHEN LIN EDU (01593) announced its interim results for the six months ended February 28, 2026. The group recorded revenue of 337 million yuan, a slight increase of 0.16% compared to the same period last year. However, the company reported a loss attributable to shareholders of 23.641 million yuan, a shift from profit to loss year-on-year. The loss per share was 2.48 fen. The company stated that the increase in revenue was primarily due to higher depreciation and amortization expenses following the completion and commissioning of campus expansion, upgrade, and facility renovation projects. Additionally, increased operating costs related to enhancing AI-powered educational teaching contributed to the result.
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