CH XINHUA EDU released its annual performance, with adjusted net profit of 359 million yuan, an increase of 9% year-on-year
CH XINHUA EDU released its annual performance for the year ending December 31, 2024, with revenue of 648 million yuan, a year-on-year increase of 0.8%; adjusted net profit of 359 million yuan, a year-on-year increase of 9%; profit attributable to equity shareholders of the company was 330 million yuan, a year-on-year increase of 7.53%; earnings per share were 20.53 cents. The number of full-time students was approximately 42,553, a year-on-year decrease of 2.94%; the number of continuing education students was 20,183, a year-on-year increase of 32.15%. Undergraduates accounted for approximately 97.09% of full-time students
According to the Zhitong Finance APP, China Xinhua Education (02779) announced its annual performance for the year ending December 31, 2024. The group achieved revenue of 648 million yuan, an increase of 0.8% year-on-year; adjusted net profit was 359 million yuan, an increase of 9% year-on-year; profit attributable to equity shareholders was 330 million yuan, an increase of 7.53% year-on-year; earnings per share were 20.53 cents.
In the 2024/25 academic year, the group had approximately 42,553 full-time students, a year-on-year decrease of about 2.94%, while the number of continuing education students reached 20,183, a year-on-year increase of about 32.15%. The student structure has further optimized, with undergraduates accounting for approximately 97.09% of the total full-time student population. Brand competitiveness has further strengthened, and the high-quality development strategy is steadily advancing
