Chen Lin Education Reports Revenue Rise Amid Profit Drop

Chen Lin Education Group Holdings Ltd. (HK:1593) has released an update.

Don't Miss our Black Friday Offers:

Chen Lin Education Group Holdings Ltd. reported a notable increase in revenue to RMB 599.5 million for the year ending August 31, 2024, but faced a significant drop in profit, which fell to RMB 15.4 million. Despite the rise in EBITDA to RMB 235.2 million, the decrease in gross profit and profit per share reflects challenging financial conditions.

For further insights into HK:1593 stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.