Virscend Education Company Limited (HK:1565) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Virscend Education Company Limited announced a robust financial performance for the year ending August 2024, showcasing a 25.3% increase in revenue and a 39.9% boost in profits compared to the previous year. The company declared a total dividend of 1.30 HK cents per share, reflecting a significant 50% payout ratio. Enrollment figures also rose, with substantial growth in both high-school and university students.
For further insights into HK:1565 stock, check out TipRanks’ Stock Analysis page.