---
title: "Non-degree training business achieves profitability, HUATU CENDES turns net profit from loss in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226004660.md"
description: "HUATU CENDES expects to turn a profit in 2024, with projected net profits between 60 million and 90 million yuan. The company conducts non-degree training business through its wholly-owned subsidiary, Huatu Education Technology Co., Ltd., successfully achieving profitability. Despite facing challenges from weakened market demand and intensified competition in the architectural design business, HUATU CENDES is still actively expanding its market and improving operational efficiency"
datetime: "2025-01-23T13:19:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226004660.md)
  - [en](https://longbridge.com/en/news/226004660.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226004660.md)
generator: "portal-rs"
---

# Non-degree training business achieves profitability, HUATU CENDES turns net profit from loss in 2024

According to the announcement by HUATU CENDES on January 23, 2024, the net profit attributable to shareholders of the listed company is expected to turn from loss to profit, recording a profit of between 60 million and 90 million yuan, compared to a loss of 91.9687 million yuan in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be between 30 million and 45 million yuan, compared to a loss of 105.8958 million yuan in the same period last year. HUATU CENDES stated that since November 2023, the company has been conducting non-degree training business through its wholly-owned subsidiary Huatu Education Technology Co., Ltd. based on its architectural design business. During the reporting period, the real estate market continued to face adjustment pressures, with new home sales significantly declining year-on-year. The company's architectural design business continued to face difficulties such as weakened market demand, intensified industry competition, and increased management difficulties, resulting in losses in the architectural design business; the company actively expanded the market, fully developed non-degree training business, and continuously improved operational efficiency through scientific management and process optimization, achieving profitability in the non-degree training business

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**