Leader edu (01449) announced annual performance. Shareholders' share of profit decreased by 65.35% year-on-year to 19.957 million yuan.

Leader edu (01449) announced the full-year performance for the year ended August 31, 2024, with a profit of 0.323 billion yuan...

Zhitong FinanceNov 29 19:50

LEADER EDU: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 AUGUST 2024

HKEXNov 29 19:47 · Announcements

Leader Education Forecasts Drop in FY2024 Profit

MT NewswiresNov 22 18:01

Leader edu (01449.HK): Expected annual net profit after tax of 18 million to 20 million yuan.

On November 22, Geelong Hui, leader edu (01449.HK), announced that for the year ending August 31, 2024, the group is expected to record a post-tax net comprehensive profit of approximately RMB 18 million to RMB 20 million for this period, while the post-tax net comprehensive profit for the year ended August 31, 2023 (the "previous period") was approximately RMB 57.6 million. The announcement stated that the decrease in profit was mainly due to an increase in financing costs. The increase in bank and other borrowings during this period led to higher financing costs to meet the funding needs for school and campus construction and to support the group's general operating capital requirements.

Gelonghui FinanceNov 22 16:33

The "Earnings Warning" leader edu (01449.HK) expects annual profits to decrease to a maximum of 20 million yuan.

Leader edu (01449.HK) issued a profit warning, expecting to record a net profit after tax of approximately 18 million to 20 million yuan renminbi for the year ending in August this year, compared to a net profit after tax of approximately 57.6 million yuan renminbi in the same period last year. The group stated that the decrease in profit is mainly due to the increase in financing costs. The need for funds to build schools and campuses and support the group's general operating capital requirements led to an increase in banks and other borrowings, causing financing costs to increase year-on-year during the period.

AASTOCKSNov 22 16:33

LEADER EDU: PROFIT WARNING

HKEXNov 22 16:30 · Announcements