Summary by Futu AI
CPC Holdings released its 2023/2024 Interim Report, showing that primary revenue reached RMB3,284 million, up 18.3% year-on-year. Gross profit increased to RMB1,839 million and net profit reached RMB1,188 million, up 14.7% from the same period last year. The Company completed its registration on March 28, 2024 to redeem the convertible notes maturing in 2024, without significantly impacting its financial condition. During the period, the company continued to strengthen the “dual-discipline” teaching staff, improve its ability to attend vocational schools, and was recognized as a “Universal Enterprise” by the World Bank Group. During the reporting period, the company paid an interim dividend of RMB18.77 per ordinary share and was paid to shareholders on 18 July 2024. In addition, the company did not have any significant events after the reporting period.