According to Zhitong Finance App News, Bojun Education (01758) announced its interim results for the six months ended February 29, 2024, with revenue of about 227 million yuan, up 444.9% year on year; gross profit of about 107 million yuan, up about 12.5 times year on year; profit attributable to company owners was 5.834 million yuan, turning a loss into a profit year on year; basic profit per share of 0.66 points.
As of February 29, 2024, the group enrolled a total of 32,693 students, including 193 kindergarten students, 967 high school students and 31,533 vocational education students.
According to the announcement, revenue growth was mainly due to the Group's completion of the acquisition on August 31, 2023. The acquisition is part of the Group's strategy to expand its business in the field of vocational education. At the same time, it is expected to achieve synergy with the existing basic education sector.