Mapleleaf Edu (01317) released its performance as of August 31, 2024, achieving a profit of 12.2 million...
According to the Zhitong Finance APP, mapleleaf edu (01317) announced its performance for the period ending August 31, 2024. During this period, the group achieved revenue of 1.228 billion yuan (RMB, same below), which is a year-on-year increase of 6.7%. The profit for the year was 15.513 million yuan, a year-on-year increase of 203%; basic earnings per share were 0.52 cents.
The announcement stated that the total number of students enrolled decreased by 843 people or 8.2% from 10,233 at the end of the 2022/2023 academic year to 9,390 at the end of the 2023/2024 academic year, mainly due to the low birth rate in china leading to a decrease in the number of high school and kindergarten students, and the closure of the CIS Tampines East campus resulting in a decrease in the number of primary school students in Singapore.
