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Hong Kong stock movement | BESTSTUDY EDU (03978) increased by over 5% with annual net profit more than doubling year-on-year. Institutions indicate that the performance of educational training institutions still has flexible space for recovery.
BESTSTUDY EDU (03978) increased by over 5%. As of the time of writing, it rose by 5.28%, priced at 4.19 Hong Kong dollars, with a trading volume of 6.2199 million Hong Kong dollars.
China Beststudy Education's 2024 Profit More Than Doubles; Shares Slide 3%
BESTSTUDY EDU (03978) has achieved results in quality transformation and AI upgrades, with significant growth in performance.
On March 20, 2025, BESTSTUDY EDU (03978) released its performance report for the year 2024. The data shows that the group achieved total revenue of 1.1 billion yuan, a year-on-year increase of 125.2%; net income attributable to shareholders reached 0.192 billion yuan, an increase of 114% year-on-year. Under the dual drivers of "quality transformation + AI upgrading," the company's core indicators comprehensively exceeded market expectations, continuously consolidating its leading position in the education Industry in South China. During the reporting period, BESTSTUDY EDU's quality education Sector achieved revenue of 0.713 billion yuan, a year-on-year increase of 411.7%, accounting for 64.7% of total revenue, becoming the core of performance growth.
BESTSTUDY EDU (03978) will distribute a final dividend of HKD 0.123 per share on June 16.
BESTSTUDY EDU (03978) announced that it will distribute dividends as of December 2024 on June 16, 2025...
BESTSTUDY EDU (03978.HK) annual Net income reached 0.192 billion yuan, an increase of 114.0% year-on-year.
On March 20, Gelonghui reported that BESTSTUDY EDU (03978.HK) announced that for the year ending December 31, 2024, the company achieved revenue of approximately 1102 million yuan, a year-on-year increase of 125.2%; Net income reached approximately 192.3 million yuan, an increase of 114.0% compared to the same period last year; contract liabilities amounted to approximately 602 million yuan, a year-on-year increase of 184.3%. This is mainly attributed to the company's successful completion of the quality education transformation, with various quality products launched that precisely align with the talent development directions of the new curriculum standards, receiving high recognition from parents and students.
Express News | China Beststudy Education Group FY Adjusted Net Income RMB 192.8 Million
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