Edvantage Group’s Interim Profit Plunges on Lower Enrolments and Margin Pressure

Tip Ranks
2026.04.28 04:38
portai
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Edvantage Group Holdings Limited reported a significant decline in interim profit for the six months ending February 28, 2026, due to lower student enrolments and margin pressure. Revenue fell 4.9% to RMB1.19 billion, with student numbers down 7.1% to 93,170. Gross profit dropped 41.5% to RMB282.3 million, and profit attributable to shareholders decreased by 58.4% to RMB101.5 million. The results indicate a challenging environment for the group's private education operations, raising concerns among shareholders about enrolment trends and cost control.