BRIEF: China New Higher Education’s profit inches up in first half of fiscal year
Vocational educator China New Higher Education Group Ltd. (2001.HK) on Tuesday reported its revenue rose 2.6% to nearly 1.5 billion yuan ($219 million) in the six months to March, the first…
Declining revenues, widening losses remove polish from Hiducation IPO
China’s fourth largest online vocational educator is looking for a high-tech boost from AI to jumpstart its business, as it searches for elusive profits Key Takeaways: Hiducation has filed to…
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…
YuHua Education’s profit doubles as it bids adieu to Thailand
The Zhengzhou-based private education company’s shares have soared since last month as investors cheer its embrace of vocational training and debt repayment Key Takeaways: YuHua Education has shored up its…
China East Education returns to growth as short-term enrollments surge
The vocational educator’s revenue grew 4% in the first half of the year, reversing a 14% drop a year earlier when China’s tough Covid-control measures forced many of its schools…
Hope Education scraps stalled acquisition – but is that good or bad?
Shares of China’s second largest vocational educator were largely unchanged after it terminated an asset shuffle between two subsidiaries with no explanation Key Takeaways: Hope Education terminated a nearly 2-year-old…
China East Education Shifts Into Conservative Spending Mode
Company discloses a go-slow program for spending $233 million in its coffers earmarked for development of five regional operating centers Key takeaways: China East Education has revealed it could take…
