China Gingko Education Expects Significant Profit Growth

China Gingko Education Group Co., Ltd. (HK:1851) has released an update.

China Gingko Education Group Co., Ltd. anticipates a net profit surge of over 25% for the first half of 2024 compared to the same period in 2023, driven by an increase in student enrollments and average tuition fees. This positive financial forecast is indicative of the Group’s strengthening position in the higher education industry. Shareholders and potential investors are, however, cautioned to be prudent when dealing with the company’s shares until the final interim results are published on August 23, 2024.

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