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Leader Education Sees Revenue Growth Amid Profit Decline

Leader Education Sees Revenue Growth Amid Profit Decline

Leader Education Limited (HK:1449) has released an update.

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Leader Education Limited reported a 17.1% increase in revenue for the fiscal year ending August 2024, reaching RMB 322.9 million. Despite the revenue growth, the company’s profit dropped significantly by 65.4% to RMB 19.95 million, attributed to increased finance costs. These results highlight a challenging financial year for the company, impacting its bottom line even amid rising sales.

For further insights into HK:1449 stock, check out TipRanks’ Stock Analysis page.

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