BOJUN EDU issued a profit warning, expecting a mid-term net loss of approximately 8.9 million to 10.8 million yuan
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BOJUN EDU issued a profit warning, expecting a net loss of approximately RMB 8.9 million to RMB 10.8 million for the six months ending February 28, 2025, compared to a net profit of approximately RMB 3.9 million for the same period in 2024. The board indicated that the anticipated net loss is primarily due to financing costs of approximately RMB 48 million, including bank loan costs of RMB 26.2 million, other loan costs of RMB 19 million, and a discount of RMB 2.8 million for the settlement of payables to related companies, mainly related to the construction of Sichuan Wenxuan Vocational College's campus
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