Jiahong Education (01935) announced the results for the year ended December 31, 2023. The group made profits during the period...
According to the Zhitong Finance App, Jiahong Education (01935) announced the results for the year ended December 31, 2023. The group achieved revenue of 873 million yuan (RMB, same below) during the period, an increase of 7% over the previous year; profit attributable to company owners was 388 million yuan, an increase of 6% over the previous year; and the basic profit per share was 24.25 points.
According to the announcement, the increase in revenue was mainly due to an increase of 57.5 million yuan in tuition revenue, mainly due to the increase in enrollment quotas for the 2022/2023 and 2023/2024 academic years.