tianli int hldg (01773) announced its financial performance for the year ended August 31, 2024, with revenue of approximately 33.21...
China Fortune APPNews, tianli int hldg (01773) announced its financial performance for the year ended on August 31, 2024, with revenue of approximately 3.321 billion yuan, a year-on-year increase of 44.2%; gross profit of approximately 1.119 billion yuan, a year-on-year increase of 43.7%; adjusted net profit of approximately 0.577 billion yuan, a year-on-year increase of 56.4%; basic earnings per share of 27.51 cents, and final dividend per share of 4.08 cents.
The announcement stated that the revenue growth was mainly driven by the increase in comprehensive education services and product sales. Revenue from comprehensive education services increased by 42.7% year-on-year to 1.745 billion yuan. The main reasons are: growth in the number of high school students enrolling; and the explosive growth in study tour business as the epidemic ended during the reporting year.
