Tag: Edvantage

Edvantage Group Announces FY2024 Interim Results

Highlights(Unaudited relevant data for the six months ended 29 February 2024) Revenue increased by 19.3% YoY to approximately RMB1,160.2 million; Gross profit rose by 17.5% YoY to approximately RMB578.0 million; Profit for the period attributable to owners of the Company rose by 13.2% YoY to approximately RMB338.2 million; Number of student enrolments increased by 12.3% over the corresponding period of last year to 96,100; Cash and cash equivalents amounted to RMB1,491.0 million, indicating ample liquidity; Interim dividend per share of 9.6 HK cents with a dividend payout ratio of 30%. HONG KONG, Apr 26, 2024 – (ACN Newswire) – Edvantage Group ... Read more

Edvantage Group Announces FY2023 Annual Results

Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK), has announced its audited FY2023 Annual Results for the year ended 31 August 2023 (the “Reporting Period”). Highlights (relevant audited data for the year ended 31 August 2023) — Revenue increased by 17.0% YoY to approximately RMB1,973.0 million; — Gross profit rose by 19.9% YoY to approximately RMB1,018.4 million; — Adjusted net profit attributable to owners of the Company rose by 15.3% YoY to approximately RMB667.8 million; — Payment of a final dividend of HK9.0 cents per share recommended; — Dividend payout ratio at 30% for the year; ... Read more

Edvantage Group Announces its Business Update for First Three Quarters of FY2023

Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK), the largest private business higher and vocational education group in the Greater Bay Area, has announced its unaudited financial data and business update for the nine months ended 31 May 2023 (the “Period under Review”). Business Update Highlights (Unaudited relevant data for the nine months ended 31 May 2023)— Revenue increased by 16.1% YoY to approximately RMB1,460.3 million;— Gross profit rose by 16.3% YoY to approximately RMB735.7 million; — Number of student enrolments increased by 11.6% against the same period last year to 87,068. During the Period under ... Read more

Edvantage Group (0382.HK) Announced FY2021 Annual Results

Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK), the largest private vocational education group in the Greater Bay Area (“GBA”), announced its annual results for the year ended 31 August 2021 (the “Period under Review”). During the Period under Review, the Group operated eight education institutions, namely Guangzhou Huashang College (“Huashang College”) and Guangzhou Huashang Vocational College (“Huashang Vocational College”) in Guangdong province, China; Urban Vocational College of Sichuan (“Urban Vocational College”) and Urban Technician College of Sichuan (“Urban Technician College”) in Sichuan province, China; GBA Business School (“GBABS”) in Hong Kong, China; Global Business College ... Read more

Edvantage Group (0382.HK) 2021 Interim Results Exceeding Expectations With Adjusted Net Profit Increased by 32.5% YoY to Approximately RMB199.9 Million

Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK), the largest private higher education group in Guangdong-Hong Kong-Macau Greater Bay Area (the “Greater Bay Area”), is pleased to announce its unaudited interim results of the financial year 2021 for the 6 months ended 28 February 2021 (“Reporting Period”). Shanghai venue, The Ritz-Carlton Hotel Shanghai, Pudong, from the left: Ms. Liu Wenqi, Chief Operating Officer; Ms. Liu Yi Man, Executive Director and Chief Executive Officer Hong Kong venue, Edvantage Group’s Hong Kong Office, from the left: Mr. Sunny Yan, Director of ICF & IR; Mr. Liu Yung Chau, ... Read more