Understanding the Market | GENCH EDU plummets 20% after earnings report, with annual profit attributable to shareholders at 224 million yuan, a year-on-year decrease of 21.08%
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After the earnings report, GENCH EDU plummeted by 20%. As of the time of writing, it has dropped by 20.42%, trading at HKD 2.26, with a transaction volume of HKD 3.8715 million. On March 28, GENCH EDU announced its annual results for the year ending December 31, 2024, with revenue of RMB 970 million, a year-on-year increase of 4.3%; profit attributable to equity holders of the parent company was RMB 224 million, a year-on-year decrease of 21.08%; earnings per share were RMB 0.57; and a final dividend of HKD 0.10 per share was proposed
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