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MINSHENG EDU (01569.HK) plans to hold a Board of Directors meeting on March 19 to approve the annual performance.
Gelonghui, March 7th丨MINSHENG EDU (01569.HK) announced that the Board of Directors meeting will be held on March 19, 2025 (Wednesday) to (including) (i) consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, and (ii) consider the distribution of a final dividend (if any).
MINSHENG EDU: DATE OF BOARD MEETING
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
MINSHENG EDU (01569.HK) issues a profit warning: expects net income for 2024 to decrease year-on-year.
On February 28, Gelonghui reported that MINSHENG EDU (01569.HK) announced that for the year ending December 31, 2024, based on the preliminary review of the audited consolidated management accounts and information currently available to the company, the group expects the net income for this period (excluding any losses arising from goodwill and intangible asset impairment, if any) to decrease by approximately 60% to 70% compared to the net income for the year ending December 31, 2023 (excluding losses from goodwill and intangible asset impairment). The main reasons for the expected decrease in net income are as follows: 1. During this period, the group's schools operating in China continue to increase their operations.
Express News | Minsheng Education Group Sees Decreased Net Profit for Year by 60% to 70%
MINSHENG EDU: PROFIT WARNING
Minsheng Education Group Company Limited's (HKG:1569) Shares Bounce 29% But Its Business Still Trails The Market
