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DASHAN EDU: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
DASHAN EDU (09986.HK) expects the pre-tax loss in 2024 to narrow by approximately 37% to 46% year-on-year.
On March 25, Glonghui reported that DASHAN EDU (09986.HK) announced that the company expects to record a loss before income tax of approximately 30 million to 35 million yuan for the year ending December 31, 2024, a decrease of about 37% to 46% compared to the loss before income tax of approximately 55.6 million yuan for the year ending December 31, 2023. This decrease is mainly due to an increase in group revenue and gross profit.
Express News | Dashan Education - Decrease Attributed to Increase in Revenue and Gross Profit for FY
Express News | Dashan Education Holdings Ltd - Expected Loss Before Income Tax Between RMB30 Mln and RMB35 Mln in FY
DASHAN EDU: PROFIT WARNING - DECREASE IN LOSS
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
