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China Vocational Education Holdings Limited ( (HK:1756) ) has shared an announcement.
China Science and Education Industry Group Limited reported interim results for the six months to 28 February 2026 showing steady top-line growth but sharp profit erosion. Revenue rose 7.6% year-on-year to RMB775.6 million, driven by a 6.9% increase in student enrollment to 59,902 and higher average tuition fees, while the number of schools remained unchanged at three.
However, cost of sales surged 48.5% to RMB540.8 million, compressing gross profit by 34.2% to RMB234.7 million and cutting the gross margin to 30.3% from 49.5%. Net profit dropped 63.9% to RMB84.7 million and adjusted net profit fell nearly 60%, reflecting rising staff, depreciation and operating costs, and underscoring mounting margin pressure in the group’s education operations despite continued demand.
More about China Vocational Education Holdings Limited
China Science and Education Industry Group Limited operates three schools in mainland China, focusing on providing education services funded mainly through tuition and boarding fees. The Hong Kong-listed company targets the domestic education market, with its performance closely tied to student enrollment levels and the pricing of its programmes.
Average Trading Volume: 221,142
Technical Sentiment Signal: Sell
Current Market Cap: HK$624M
Find detailed analytics on 1756 stock on TipRanks’ Stock Analysis page.