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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.
C VOCATIONAL ED: 2024 Interim Report
China's vocational education (01756.HK) mid-term revenue of about 640 million yuan increased by about 16.8% year-on-year
Gelonghui, April 26, 丨 China Vocational Education (01756.HK) announced that for the six months ended February 29, 2024, the Group's revenue was about RMB 640.1 million, an increase of about 16.8% year-on-year over the same period last year, thanks to an increase in the number of students enrolled and average tuition fees during the reporting period. The Group achieved a gross profit margin of 53.9%, a year-on-year decrease of 5.0% compared to the same period last year. The Group recorded profit before tax of approximately RMB 240.6 million, an increase of approximately 9.6% over the same period last year of approximately RMB 219.6 million. The Group's adjusted net profit
C VOCATIONAL ED: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED FEBRUARY 29, 2024
China Vocational Education (01756.HK) plans to hold a board meeting on April 26 to approve the interim results
Gelonghui, April 16, 丨 China Vocational Education (01756.HK) issued an announcement. The board meeting will be held on April 26, 2024 (Friday) to review and approve (including) the interim results and publication of the company and its subsidiaries for the six months ended February 29, 2024, consider declaring and paying an interim dividend (if any), and consider other matters (if any).
Education stocks strongly think, Le Education (01769) rose 9.78%, leading education leaders have regained the attention of the Fund
Jinwu Financial News | Education stocks are strong, with Excellent Education Group (03978) up 10.06%, Thinking Music Education (01769) up 9.78%, Jiahong Education (01935) up 5.33%, China's Xinhua Education (02779) up 4.76%, Tianli International Holdings (01773) up 4.09%, Zhonghui Group (00382) up 3.61%, Minsheng Education (01569) up 3.23%, and China Vocational Education (01756) up 2.94%. Wanlian Securities said that the 2023Q4 social service fund heavy position ratio declined compared to historical levels
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