Edvantage warns of sharp interim profit drop on enrolment decline and higher costs
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Edvantage Group Holdings Limited (HK:0382) has warned of a significant drop in profit for the six months ending February 28, 2026, projecting earnings to fall to approximately RMB101.5 million from RMB243.7 million the previous year. This decline is attributed to decreased student enrolments at key institutions and increased operational costs due to strategic investments in talent development and campus expansion. The company emphasizes these initiatives are essential for long-term growth, despite the immediate negative impact on earnings, highlighting challenges in China's private education sector.
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