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…
New Oriental turns in mixed report card of rising revenue, falling profits
The education services provider’s latest quarterly report reflected its largely steady but unspectacular performance Key Takeaways: New Oriental Education reported revenue for its fiscal quarter through August reached $1.52 billion,…
China East Education feasts on growing demand for skilled workers
The leading provider of vocational education services posted 10% revenue growth in the first half of the year, as its profit jumped nearly 50% Key Takeaways: China East Education’s revenue…
China East Education aims to profit from shifting jobs market
The provider of vocational training has posted solid half-year earnings and is focusing on training for the automotive and IT industries Key Takeaways: The number of new students enrolled at…
China Education Group makes the grade with rising profits
The vocational training provider’s half-year earnings were well received by investors, aided by a broader rally on the Hong Kong stock market Key Takeaways: China Education Group has slowed its…
XJ International gets lesson on perils of zero-coupon bonds
The vocational educator said holders of its zero-coupon convertible bonds due in 2026 are asking for a permitted early redemption Key Takeaways: Holders of all of XJ International’s $315 million…
China Education Group’s goodwill impairment offers lesson in how to spook investors
China's largest privately-owned vocational educator posted double-digit revenue growth in its latest fiscal year, but also a rare profit decline Key Takeaways: China Education Group’s profit fell in its latest…
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