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An update from Shanghai Gench Education Group Limited ( (HK:1525) ) is now available.
Shanghai Gench Education Group Limited announced its annual financial results for the year ended December 31, 2024. The company reported a 4.3% increase in revenue to RMB 969,854,000 compared to the previous year. However, there was a decline in gross profit by 6.0% and a significant drop in profit before tax by 21.4%, resulting in a profit for the year of RMB 223,618,000, down 21.1% from 2023. These results indicate a challenging financial year for the company, impacting its profitability despite increased revenue.
More about Shanghai Gench Education Group Limited
Shanghai Gench Education Group Limited operates in the education industry, focusing on providing educational services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -0.34%
Average Trading Volume: 102,479
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.2B
Learn more about 1525 stock on TipRanks’ Stock Analysis page.