JH Educational expects 25%-30% net profit drop in FY2025

Reuters
Mar 06
JH Educational expects 25%-30% net profit drop in FY2025

JH Educational Technology Inc. expects consolidated net profit attributable to owners to fall about 25% to 30% for the year ended 31 December 2025 versus 2024. The decline is mainly due to a write-off of residual value from major student dormitory renovations at its Hangzhou college, leading to a loss on disposal of property, plant and equipment. It also reflects higher salaries and benefits after recruiting more teachers to support a new campus expected to open in September and to improve teaching quality.

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