Excellent Education Group (03978) disclosed its 2023 annual results announcement. The company achieved revenue of 4.89 during the reporting period...
According to Zhitong Finance App News, Excellent Education Group (03978) disclosed the 2023 annual results announcement. The company achieved revenue of 489 million yuan (RMB, same below) during the reporting period, a year-on-year decrease of 0.37%. Gross profit was 230 million yuan, up 32.82% year over year. The company's owners should have accounted for 91.246 million yuan in profit, an increase of 62.11% over the previous year. Earnings per share were 12.12 points.
The main reason for the decline in the company's earnings during the reporting period was due to corresponding business adjustments to adapt to changes in education policies.