21st Century Education (01598) released interim results, with gross profit of 103 million yuan, an increase of 35.6% over the previous year

Zhitongcaijing · 08/30 12:33

According to Zhitong Finance App, 21st Century Education (01598) released interim results for the six months ended June 30, 2024, with revenue of 241 million yuan (RMB, same below), up 25.6% year on year; gross profit of 103 million yuan, up 35.6% year on year; profit of 307.79 million yuan; profit per share 2.71 points; in the 2023-2024 school year, the total number of full-time students was 24,439, up 4.3% year on year.

According to reports, the increase in income is mainly due to the increase in the number of students enrolled in Shijiazhuang Polytechnic Vocational College and the average tuition fee, which led to an increase in income of about RMB 48.3 million.