SCVE GROUP released its interim results, with revenue of 362 million yuan, a year-on-year increase of 7.8%
SCVE GROUP released its mid-term results for 2025, with revenue of 362 million yuan, a year-on-year increase of 7.8%. The profit attributable to the parent company was 83.66 million yuan, with basic earnings per share of 0.06 yuan. The revenue growth was mainly due to an increase in the number of full-time students, leading to higher tuition and accommodation fees. The group operates two schools in the Guangdong-Hong Kong-Macau Greater Bay Area, with a total of 34,748 full-time students for the 2024/2025 academic year
According to the Zhitong Finance APP, SCVE GROUP (06913) released its interim results for 2025, with revenue of 362 million yuan (RMB, the same below), a year-on-year increase of 7.8%; profit attributable to the parent company was 83.66 million yuan; basic earnings per share were 0.06 yuan.
The increase in revenue during the period was mainly due to the increase in tuition and accommodation fees resulting from the total number of full-time students enrolled during the reporting period.
During the reporting period, the group operated two schools in the Guangdong-Hong Kong-Macao Greater Bay Area, namely Guangdong Lingnan Vocational Technical College and Guangdong Lingnan Modern Technician College.
In the 2024/2025 academic year, the total number of full-time students in the group's schools was 34,748. As of June 30, 2025, the average tuition fees for Lingnan Vocational Technical College and Lingnan Modern Technician College were 18,065 yuan and 15,023 yuan, respectively, while the average accommodation fees for the two schools were 2,586 yuan and 2,079 yuan, respectively
