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Chen Lin Education Group Holdings Ltd. ( (HK:1593) ) just unveiled an announcement.
Chen Lin Education Group Holdings Ltd. has issued a profit warning for the fiscal year ending August 31, 2025, expecting a significant loss of no less than RMB320 million compared to a profit of RMB15.4 million in the previous year. This loss is attributed to one-off, non-cash impairment losses on goodwill and non-current assets, as well as increased depreciation and amortization costs. Despite these losses, the company’s financial position remains robust, with stable cash flow and an optimized debt structure. The adjusted non-IFRS net profit is projected to be between RMB170 million and RMB200 million before interest, tax, and depreciation.
More about Chen Lin Education Group Holdings Ltd.
Chen Lin Education Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the education sector. The company and its subsidiaries focus on providing educational services, with a market presence primarily in the People’s Republic of China.
Average Trading Volume: 613,870
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.29B
Find detailed analytics on 1593 stock on TipRanks’ Stock Analysis page.