---
title: "Brief News: NEW HIGHER EDU's mid-term profit only increased by 0.6%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284482793.md"
description: "China New Higher Education Group Limited announced its interim results for the 25/26 fiscal year, with revenue nearing 1.5 billion yuan, an increase of 2.6% year-on-year. The main operating costs were 910 million yuan, up 4.9% year-on-year, with labor costs rising 5.3% due to increased salaries and benefits. The gross profit margin decreased to 37.2%, and net profit slightly increased by 0.6% to 472 million yuan. The group also plans to collaborate with Steinbeis University in Germany to establish higher education institutions in the Hainan Free Trade Port. On Wednesday, the stock opened at HKD 0.73, with the stock price dropping over 50% in the past year"
datetime: "2026-04-29T02:55:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284482793.md)
  - [en](https://longbridge.com/en/news/284482793.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284482793.md)
---

# Brief News: NEW HIGHER EDU's mid-term profit only increased by 0.6%

**Private Higher Vocational Education Enterprise China New Higher Education Group Co., Ltd.** (2001.HK) announced its **interim results** for the fiscal year 25/26 on Tuesday, reporting revenue of nearly 1.5 billion yuan for the period ending in March this year, an increase of 2.6% year-on-year, mainly due to growth in tuition and accommodation fees.

The main operating costs during the period were 910 million yuan, an increase of 4.9% year-on-year. This includes a 5.3% year-on-year rise in labor costs due to enhanced salaries and benefits for core teaching positions and the establishment of a high-quality faculty team. The gross profit margin decreased by 1.3 percentage points from 38.5% in the same period last year to 37.2%; net profit was 472 million yuan, a slight increase of 0.6% year-on-year.

The group also stated that it continues to promote cooperation with Steinbeis University in Germany to establish a higher education institution offering undergraduate and above degree levels in the Hainan Free Trade Port.

On Wednesday, New Higher Education opened flat at HKD 0.73, with the company's stock price having fallen over 50% from its peak in the past year.

_Liu Zhiheng_

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