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,…
FAST NEWS: New Higher Education’s profit rises on business expansion
The Latest: Private vocational educator China New Higher Education Group Co. Ltd. (2001.HK) said its profit rose 10.6% to 432 million yuan ($59.6 million) during the first half of its fiscal year through February,…
China Education Group seeks to jumpstart growth with resumed M&A
The vocational school operator has recently raised funds to expand its network, as its growth slowed in the first half of its latest fiscal year Key Takeaways: China Education Group’s…
Economic Slowdown, Favorable Policies Boost Two Vocational Educators
China Education Group and China New Higher Education posted 25-30% revenue growth for their latest fiscal years through AugustKey Takeaways:China Education Group’s revenue rose 29% in its latest fiscal year,…
Loss-hit Fenbi Tech Seeks IPO Cash After Education Sector Upheaval
The slimmed-down provider of tutoring for civil service exams and vocational training has filed to list on the Hong Kong Stock Exchange for the second time Key Takeaways: Fenbi Technology…
China East Education Suffers Covid Slowdown as New Enrollments Drop
Vocational educator’s revenue slipped 6% in the first half of the year as school closures led to a 12% decline in income from the company’s core cooking classes Key Takeaways:…
China New Higher Education Thrives on Strong Record, Government Support
Vocational educator placed 98% of its graduates last year, giving it leverage to raise tuitions that powered a 31% revenue jump in its latest financial report Key Takeaways: China New…
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