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Edvantage Group Reports Revenue Growth Amid Profit Decline

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Edvantage Group Reports Revenue Growth Amid Profit Decline

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An announcement from Edvantage Group Holdings Limited ( (HK:0382) ) is now available.

Edvantage Group Holdings Limited announced its interim results for the six months ended 28 February 2025, reporting a 7.5% increase in revenue to RMB 1,247,486,000 compared to the previous year. Despite the revenue growth, the company experienced a decline in gross profit and net profit, with a 16.5% decrease in gross profit and a 28.0% decrease in profit attributable to owners. The number of student enrollments increased by 4.4%, indicating a positive trend in market demand. The results reflect challenges in maintaining profitability amidst rising costs and other financial pressures, impacting dividend payouts and earnings per share.

More about Edvantage Group Holdings Limited

Edvantage Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the education sector. It focuses on providing educational services and has a significant market presence with a growing number of student enrollments.

YTD Price Performance: -17.16%

Average Trading Volume: 1,291,193

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.02B

For a thorough assessment of 0382 stock, go to TipRanks’ Stock Analysis page.

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