Summary by Moomoo AI
Scholar Edu announced its interim performance report, showing that the company's revenue reached 39.91 million RMB for the six months ended June 30, 2024, a year-on-year growth of 58.8%. Operating profit was 11.38 million RMB, a significant increase of 129.2% compared to the same period last year. The profit attributable to owners reached 8.27 million RMB, an increase of 92.5% compared to the same period last year. Basic earnings per share were 15.21 RMB, diluted earnings per share were 14.76 RMB. The company actively promotes business transformation, launching various non-subject literacy courses and achieving good results. In addition, the company also provides after-school care services and explores the education travel business and international curriculum. The company will continue to promote diversified development and strengthen the development of the "joyful learning" brand. The interim performance report was released on August 15, 2024.