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Chen Lin Edu (01593.HK) annual revenue reached 0.6 billion yuan, an increase of 6.4% year-on-year.
On November 29, Gelonghui reported that Chen Lin Edu (01593.HK) announced that for the year ending August 31, 2024, the group's revenue reached 599.5 million yuan, an increase of 6.4% year-on-year. The increase in revenue was primarily driven by the growth in the number of enrolled students and per capita income at higher professional education institutions and senior high schools. The annual profit recorded was approximately 15.4 million yuan, while the profit for the previous year was about 33.7 million yuan.
CHEN LIN EDU: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 AUGUST 2024
Chen Lin Edu (01593.HK) will hold a board of directors meeting on November 29 to consider and approve the annual performance.
Gelonghui reported on November 19 that chen lin edu (01593.HK) announced that the board of directors meeting will be held on November 29, 2024 (Friday) to consider and approve the group's performance for the year ending August 31, 2024, and its release, as well as to consider the proposal for a final dividend distribution (if any).
HK stocks are on the move | Education stocks are all rising, as the policy proposes expanding the supply of high-quality education resources. Private high schools are the first to benefit from the warming of HK stocks.
Education stocks are on the rise. As of the time of publication, China Edu Group (00839) rose by 5.65% to HK$5.05; Beststudy Edu (03978) rose by 5.12% to HK$3.08; New Oriental-S (09901) rose by 3.85% to HK$47.15; China East Edu (00667) rose by 3.33% to HK$3.1.
chen lin edu (01593.HK) spent 4.998 million Hong Kong dollars to repurchase 3.57 million shares on October 28th.
On October 28th, chen lin edu (01593.HK) announced a buyback of 3.57 million shares for a total of 4.998 million Hong Kong dollars on October 28th.
Splurging $700 million on stock repurchase, new oriental's stock price soared by 13%! Education stocks in Hong Kong rose across the board.
Share buyback increased to 0.7 billion US dollars.
Chen Lin Education Group Holdings (HKG:1593) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
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