NEWS WRAP: China East Education’s profit squeezed by low tuition gains
The leading vocational educator’s number of newly enrolled students rose by 13.8% last year, but its tuition revenue rose at just a third of that rate By Teri Yu Vocational…
FAST NEWS: Fenbi back in the black on strong civil service exam demand
The latest: Civil service exam preparation company Fenbi Ltd. (2469.HK) said on Monday it will report a net profit of 166 million yuan ($23 million) or more for 2023, reversing a loss…
FAST NEWS: Maple Leaf Education swings to black on higher tuition revenue
The latest: China Maple Leaf Educational Systems Ltd. (1317.HK) on Monday announced it earned a net profit of 15.48 million yuan ($2.1 million) in the six months to February, the…
FAST NEWS: Readboy swings to red on lower smart device sales
The latest: Smart learning device maker Readboy Education Holding Co. Ltd. (2385.HK) said Sunday it expects to record a non-GAAP adjusted loss of 15 million yuan ($2.07 million) to 20 million…
FAST NEWS: 17 Education revenue plunges on project delivery delays
The latest: Online tutoring services provider 17 Education & Technology Group Inc. (YQ.US) reported Wednesday that its first-quarter revenue plunged by 96% to just 9.27 million yuan ($1.3 million), while…
FAST NEWS: QuantaSing Makes Quiet IPO Trading Debut
The Latest: Adult education company QuantaSing Group Ltd. (QSG.US) made its IPO trading debut on Wednesday, becoming the first new U.S. listing by Chinese company sponsored by big investment banks…
FAST NEWS: Fenbi Jumps on Hong Kong Trading Debut
The Latest: Shares of civil service education services provider Fenbi Ltd. (2469.HK) opened at HK$10.50 in their Monday trading debut, 6.1% higher than their IPO price of HK$9.90, which was…
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