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China Education Group Holdings Limited ( (HK:0839) ) has issued an announcement.
China Education Group Holdings Limited announced an expected net profit for FY2025 ranging from RMB440 million to RMB600 million, compared to RMB502 million in FY2024. The company anticipates recognizing a significant one-off, non-cash impairment loss of approximately RMB1,620 million to RMB1,700 million due to intensified market competition and reduced affordability, impacting the projected future cash flows of certain cash-generating units in Hainan, Guangdong, and Henan provinces.
The most recent analyst rating on (HK:0839) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Education Group Holdings Limited stock, see the HK:0839 Stock Forecast page.
More about China Education Group Holdings Limited
China Education Group Holdings Limited operates in the education industry, focusing on providing educational services and managing educational institutions in China. The company is involved in the operation of schools and educational programs across various provinces.
Average Trading Volume: 26,614,597
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.85B
See more data about 0839 stock on TipRanks’ Stock Analysis page.