China New Higher Education Group Ltd. reported its financial results for the six months ended February 28, 2025. The company achieved a net profit of RMB 469.3 million, marking an 8.6% increase from RMB 432.0 million in the same period last year. Profit before tax rose by 12.2% to RMB 594.8 million compared to RMB 530.0 million from the previous year. The Group's revenue growth was temporarily lower than the increase in cost of sales due to its connotation development strategy and increased investment in talent and teaching. The company is focused on high-quality development to establish a foundation for future organic growth. Other income and gains for the period reached RMB 238.4 million, which is a 39.0% increase from RMB 171.5 million in the previous year. This growth was driven by strengthened school-enterprise cooperation and a substantial increase in donation income from these collaborations, as well as fair value and investment gains from a swap derivative product. The Group's financial performance reflects its strategic focus on long-term value creation through quality investments in education and collaboration with enterprises.
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