BRIEF: China Education forecasts up to $84 million profit for fiscal year
China Education Group Holdings Ltd. (0839.HK) said on Wednesday it expects to report a net profit between 440 million yuan ($61.9 million) and 600 million yuan for its fiscal year…
BRIEF: Scholar Education to raise $31 million in share placement at 13% discount
After-school education services provider Scholar Education Group (1769.HK) announced on Wednesday that it plans to place 110 million new shares with more than six independent third party investors, representing about…
BRIEF: Top Education’s interim profit jumps 50%
Australian educator Top Education Group Ltd. (1752.HK) on Wednesday reported its revenue rose 16.5% to A$16 million ($10 million) in the six months to December last year, the first half…
BRIEF: China New Higher Education’s profit rises, but margins under pressure
Vocational educator China New Higher Education Group Co. Ltd. (2001.HK) on Thursday announced its revenue rose 12.2% to 2.84 billion yuan ($392 million) in its latest fiscal year through August,…
BRIEF: New Oriental Education’s profit surges
New Oriental Education & Technology Group Inc. (EDU.US; 9901.US) reported Wednesday that its revenue rose 30.5% to $1.44 billion in its fiscal first quarter through August, while its net profit increased 48.4%…
BRIEF: China East Education announces school upgrade
Vocational educator China East Education Holdings Ltd. (0667.HK) said on Monday its wholly owned Wontone Senior Technical School was officially upgraded by the Anhui provincial government to Anhui Wontone Technician College. The upgrade makes…
NEWS WRAP: iHuman sales and profit decline despite user growth
The maker of education products for children said its revenue fell 11% in the third quarter, while its profit plunged 41% By Teri Yu Children’s educational products and services provider…
