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VIRSCEND EDU (01565.HK) reported an adjusted net profit of 62.15 million yuan for the interim period, a 26.8% year-on-year increase.
On April 25, Gelonghui announced that VIRSCEND EDU (01565.HK) reported revenue of 0.591 billion yuan for the six months ending February 28, 2025, an increase of 13.7% year-on-year; the profit during the period was 58.41 million yuan, up 58.5% year-on-year; the adjusted net profit (non-IFRS measure) was 62.15 million yuan, an increase of 26.8% year-on-year. The Board of Directors proposes a mid-term dividend of 0.80 Hong Kong cents per share for the six months ending February 28, 2025.
VIRSCEND EDU (01565) will distribute an interim dividend of HKD 0.008 per share on May 29.
VIRSCEND EDU (01565) announced that the company will distribute dividends as of May 29, 2025...
Express News | Virscend Education Company H1 Gross Profit RMB 207.6 Million
VIRSCEND EDU: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2025
VIRSCEND EDU (01565.HK) held a Board of Directors meeting on April 25 to approve the publication of its interim results.
Glory Link announced on April 11 that VIRSCEND EDU (01565.HK) will hold a Board of Directors meeting on April 25, 2025 (Friday), to (including) approve the publication of the interim results for the six months ended February 28, 2025, and consider the distribution of an interim dividend (if any), as well as address Other matters.
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
Virscend Education Company Limited's (HKG:1565) 33% Price Boost Is Out Of Tune With Earnings
