建桥教育(1525.HK):新学年学费提价明显 预期下半年利润改善

华西证券
Aug 30

事件概述2025H1 公司收入/归母净利分别为5.34/1.62 亿元、同比下降0.3%/9.9%。收入下降主要由于22/23 学年扩招的专升本学生毕业造成的学生人数下降,利润下降主要由于增聘双师教师带来的薪酬增加、销售费用增加导致。25H1 派发中期股息每股0.1 港元,分红率为23.35%,股息率为6.76%。分析判断:24/25 学年新招生人数有所下降,本科及专升本学费提升。(1)...

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