Summary by Moomoo AI
ALLI INTL ED LE Holding Company announced its interim results for the six months ending September 30, 2024. During the period, revenue increased by 12.2% year-on-year to RMB 0.3347 billion, while profits fell by 16.1% year-on-year to RMB 0.1291 billion. Revenue growth was mainly driven by the higher education Business, while the decline in profits was primarily due to a decrease in net foreign exchange gains and impairments on financial assets. In the higher education Business, Yantai Nanshan College's revenue grew by 19.4% to RMB 0.2617 billion. Revenue from financing and operating leasing Business was RMB 72.9 million. The company continues to expand its leasing Business into the maritime field and has established a limited partnership focused on acquiring shares in special purpose companies...Show More