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,…
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…
FAST NEWS: Minsheng Education’s profit sinks on expansion costs
The Latest: Chinese vocational educator Minsheng Education Group Co. Ltd. (1569.HK) issued a profit warning last Friday, forecasting its net profit for the first half of this year will drop by about 64%…
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…
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,…
NEWS WRAP: China East Education’s profit squeezed by low tuition gains
The leading vocational educator’s number of newly enrolled students rose by 13.8% last year, but its tuition revenue rose at just a third of that rate By Teri Yu Vocational…
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…
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