China's vocational education (01756.HK) mid-term revenue of about 640 million yuan increased by about 16.8% year-on-year
Gelonghui, April 26, 丨 China Vocational Education (01756.HK) announced that for the six months ended February 29, 2024, the Group's revenue was about RMB 640.1 million, an increase of about 16.8% year-on-year over the same period last year, thanks to an increase in the number of students enrolled and average tuition fees during the reporting period. The Group achieved a gross profit margin of 53.9%, a year-on-year decrease of 5.0% compared to the same period last year. The Group recorded profit before tax of approximately RMB 240.6 million, an increase of approximately 9.6% over the same period last year of approximately RMB 219.6 million. The Group's adjusted net profit
中國職業教育:截至2024年2月29日止六個月之中期業績公告
China Vocational Education (01756.HK) plans to hold a board meeting on April 26 to approve the interim results
Gelonghui, April 16, 丨 China Vocational Education (01756.HK) issued an announcement. The board meeting will be held on April 26, 2024 (Friday) to review and approve (including) the interim results and publication of the company and its subsidiaries for the six months ended February 29, 2024, consider declaring and paying an interim dividend (if any), and consider other matters (if any).
Express News | Ministry of Education: Will implement a pilot comprehensive reform of higher education
Guotai Junan: Clear supply, promote transformation, lead education and training, and start restoration
Guotai Junan released a research report saying that the education and training sector is steadily returning to standardized development, focusing on the release of performance and boosting valuation. With the gradual introduction of rules at the executive level, clarification of penalty rules and supervisory subjects, and gradual entry into normalized classification and supervision; the education industry is stabilizing and trending upward. Currently, it has strong and scarce operational resilience, and sector valuations are expected to be boosted.
C VOCATIONAL ED: SUPPLEMENTAL INFORMATION ON THE RESTRICTED SHARE AWARD SCHEME
Express News | Ministry of Education: Anchored the three-year target to overcome difficulties and ensure that the central government's “double reduction” task is completed as scheduled
Express News | GF Securities: The trend of double recovery in the education sector's performance and valuation can continue
Express News | Galaxy Securities: The regulatory policy for the education and training industry is clear, and the industry returns to standardized development
中國職業教育:2023年度報告
Intraday quick review | Hong Kong stocks weakened again, NIO bucked the market and rose nearly 6%; education and property management stocks had the highest declines, and Country Garden services fell more than 10%
Internet technology stocks had mixed ups and downs. Meituan fell nearly 4%, Bilibili fell more than 3%, JD fell more than 2%, Ali fell nearly 1%, Baidu and Tencent fell slightly, and Xiaomi and NetEase rose slightly, and Xiaomi and NetEase rose about 1%; education stocks had the highest decline, Thought Education fell nearly 12%, Hope Education fell nearly 7%, and New Oriental fell more than 5%.
China Vocational Education (01756.HK) Acquires Jiangmen Land Use Rights to Build Huali University Jiangmen Campus
Gelonghui, December 15, China Vocational Education (01756.HK) announced that on December 15, 2023, Huali University, an entity linked to the company's comprehensive accounts, signed a confirmation letter with the Jiangmen Public Resources Center and its Xinhui Branch Center. According to this, the Jiangmen Public Resources Center and its Xinhui Branch Center have confirmed, while Huali University has admitted that Huali University has won the land use rights for the land at a total cost of RMB 62.36,900. As a result of winning the bid, Huali University expects to enter into a state-owned land use rights concession contract with the Jiangmen Resources Bureau within six business days after signing the confirmation letter. The land will be used for construction in Jiangmen, China
Selected Announcements | Sunac China: Hangzhou Xiao agreed to transfer 15.625% of Zhejiang Qilong's shares and bonds
Bosideng: Profit attributable to shareholders for the interim period in 2023 was 919 million yuan, up 25.1% year on year; China Education Holdings: Annual adjusted net profit increased 6.0% to 1,908 billion yuan.
C VOCATIONAL ED: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED AUGUST 31, 2023
CITIC Securities's 24-year strategy for the education industry: Actively pay attention to industry changes, leading companies move up the ranks
CITIC Securities believes that along with the positive changes in the education industry, some leading companies are expected to show strong growth potential.
China Vocational Education Expects 50% Profit Jump in Fiscal Year 2023
China Vocational Education Holdings (HKG:1756) expects an at least 50% year-over-year increase in its adjusted net profit for the 2023 fiscal year. The education services provider attributed the forec
China Vocational Education (01756.HK) Profit: Annual adjusted net profit is expected to increase by no less than 50% year on year
Gelonghui November 17丨China Vocational Education (01756.HK) announced that according to the preliminary review and analysis of the Group's unaudited comprehensive management accounts for the year ended August 31, 2023 and other information currently available to the board of directors, the Group is expected to record an increase of no less than 50% in adjusted net profit (1) compared to the year ended August 31, 2022. The above adjusted net profit (1) expected increase is mainly due to the following factors: (i) the increase in the number of students in the 2022/2023 school year compared to the 2021/2022 school year; and (ii) the average education for the 2022/2023 academic year
C VOCATIONAL ED: POSITIVE PROFIT ALERT
Will the education industry face disruptive changes? OpenAI considers introducing ChatGPT into classrooms
① OpenAI is expected to form a team in 2024 to study the education industry's application prospects for ChatGPT; ② Schools and teachers thought this was the worst thing that had happened, but after a few months, they began to see the benefits of ChatGPT.
China Vocational Education (01756.HK) plans to hold a board meeting on November 27 to approve the annual results
Gelonghui, November 15, China Vocational Education (01756.HK) announced that a board meeting will be held on November 27, 2023 (Monday) to review and approve (including) the annual results of the company and its subsidiaries for the fiscal year ended August 31, 2023 and their publication, consider announcing and paying final dividends (if any), and considering other matters (if any).
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