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GENCH EDU (1525.HK): Tuition fees have increased significantly, and profits are affected by rising costs and expenses.
Event Overview: In 2024, the company's revenue/net profit attributable to shareholders was 0.97/0.224 billion yuan, a year-on-year increase of 4.3%/-21.1%. The increase in revenue and the decline in profit were mainly due to a decrease in gross profit in the first half of the year caused by changes in depreciation periods.
GENCH EDU (01525.HK) subsidiary invests up to 75 million yuan to establish a partnership involved in Private Equity and other Business.
GENCH EDU (01525.HK) announced that its wholly-owned subsidiary Gench WFOE signed a limited partnership agreement with Shanghai YunYao and Shanghai FengFu last Friday (the 28th) to establish a limited partnership enterprise in China. According to the agreement, the total capital contribution from all partners of the limited partnership enterprise is 0.15 billion yuan (RMB), of which Shanghai YunYao's maximum contribution is 0.15 million yuan; Gench WFOE's maximum contribution is 75 million yuan; and Shanghai FengFu's maximum contribution is 74.85 million yuan, all in cash, accounting for 0.1%, 50%, and 4% of the total capital contribution respectively.
GENCH EDU To Go Ex-Dividend On June 2nd, 2025 With 0.1 HKD Dividend Per Share
March 29th (Beijing Time) - $GENCH EDU(01525.HK)$ is trading ex-dividend on June 2nd, 2025.Shareholders of record on June 3rd, 2025 will receive 0.1 HKD dividend per share on June 17th, 2025. The ex-
GENCH EDU (01525.HK) reported a 21.1% decline in net profit for the 2024 fiscal year to 0.224 billion yuan, with a final dividend of 0.1 Hong Kong dollars.
Gelonghui, March 28 - GENCH EDU (01525.HK) announced its annual performance. For the year ended December 31, 2024, the group's revenue was RMB 0.97 billion, an increase of 4.3% year-on-year; the profit for the year was RMB 0.224 billion, a decrease of 21.1% year-on-year, with earnings per share of RMB 0.57 and a proposed final dividend of HKD 0.10 per share.
GENCH EDU (01525) subsidiary plans to establish a partnership with Shanghai YunYao and Shanghai FengFu.
GENCH EDU (01525) announced that on March 28, 2025 (after trading hours), the company's wholly-owned subsidiary...
GENCH EDU (01525) released its annual performance, with Shareholder profit of 0.224 billion yuan, a decrease of 21.08% year-on-year.
GENCH EDU (01525) announced its annual performance for the year ending December 31, 2024, with revenue of 0.97 billion yuan (people...