截至2024年6月30日，三所大学的在校生人数合计约5.7万人，比2023年同期增长约7.5%，再创历史新高。Neuedu (09616.HK) announced that as of June 30, 2024, the company's revenue was approximately RMB 968.1 million, a growth of 5.4% compared to the same period last year. The revenue from full-time higher education services was approximately RMB 802.9 million, a 7.2% increase from the same period last year, mainly due to the growth in the number of students and average tuition fees at three universities.
As of June 30, 2024, the gross profit was approximately RMB 510.7 million, an increase of 11.2% compared to the same period last year, primarily due to the increase in revenue. The profit for the period increased by about 1.4% compared to the same period last year, and the earnings per share increased by about 2.4%.
Excellent teaching quality and good brand reputation have promoted the continuous growth of the company's enrollment. In the 2024/2025 academic year, the overall enrollment of the group's three universities increased. The total enrollment of the three universities has exceeded 0.02 million people, an increase of 687 from the previous academic year, a year-on-year growth of about 3.5%.
As of June 30, 2024, the total number of students at the three universities is approximately 0.057 million, an increase of about 7.5% compared to the same period in 2023, reaching a new historical high.
The company stated that it will fully utilize the excellent faculty team, quality teaching resources, and advanced teaching facilities of its three universities. Combining neuedu's professional advantages with the interests of the elderly, the company will develop a wide range of diversified elderly education courses. Through the company's online and offline integrated platform, it will provide more flexible teaching services for the elderly. Additionally, the company will rely on school infrastructure to establish various new practical training bases in medical, health care, tourism, and other fields, creating more operational assets and resources for the school. This will fully realize the interconnection, interaction, sharing, and utilization of various resources between the school and its affiliated institutions, driving the integrated fusion of education, medical care, and eldercare, forming a stable, interactive, mutually supportive, efficient, and sustainable new triangular business model.
