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Hong Kong Stock Announcements Highlights | CALB's Q1 Profit Surges Over 60% Year-on-Year; China Resources Power Plans to Spin Off Assets via REIT
①CALB's first-quarter profit increased by over 60% year-on-year. What is the scale? ②China Resources Power plans to spin off assets to issue a REIT. What are the details?
YuHua Education (06169.HK) reported interim revenue of 1.26 billion yuan, representing a year-on-year decrease of 1.2%.
Gelonghui, April 30th丨Yuhua Education (06169.HK) announced its interim performance for the six months ended February 28, 2026. The group's revenue amounted to RMB 1.2633 billion, representing a year-on-year decrease of 1.2%. This decline was mainly due to a reduction in student enrollment at certain schools. The adjusted net profit attributable to the company's equity holders was RMB 288.8 million, marking a year-on-year decrease of 33.5%. Earnings per share attributable to the company's equity holders were RMB 0.06. The group has been operating private schools in the People's Republic of China ("China") for over 20 years and is a leading private school operator in China in terms of student enrollment.
YUHUA EDU: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 28 FEBRUARY 2026
China YuHua Education Schedules Board Meeting to Approve Interim Results and Consider Dividend
China Yuhua Shareholders Approve All AGM Resolutions, Renewing Board Mandates and Capital Powers
New Oriental's performance exceeded expectations, with Hong Kong-listed education stocks moving higher against the market trend. China Chunlai surged by more than 60%.
Citi issued a research report noting that New Oriental's management has confirmed better-than-expected performance in the second quarter, with margin expansion of 300 basis points (excluding Oriental Selection), and expressed high confidence in exceeding the full-year targets. The report highlighted accelerated growth in the K12 segment during the third quarter, with high school business guidance indicating an 18% increase and K9 business guidance showing a 23% rise (in USD terms). Citi maintained a 'Buy' rating for New Oriental, with a target price of HKD 59.