Jinwu Financial News | China Education Holdings (00839) announced its annual results for the year ended August 31, 2024. During the period, profit attributable to company owners was 0.418 billion yuan (RMB, same below), a year-on-year decrease of 69.71%. Basic earnings per share were 16.13 points. A final dividend of 10.28 points per share is proposed.
During the period, the Group's revenue was 6.579 billion yuan, up 17.15% year-on-year. Among them, the revenue of the domestic market segment was 6.335 billion yuan, an increase of 17.4% over the previous year. The sharp increase in revenue was mainly driven by the increase in the number of students enrolled in the domestic market and the average income per student. The revenue of the international market segment was $0.244 billion, up 10.9% year over year.
