Summary by Futu AI
FENG LEAF EDUCATION GROUP LIMITED (THE “COMPANY”) HAS ANNOUNCED ITS INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 29 FEBRUARY 2024. The report showed that the company's revenue reached RMB658 million, up 14.4% year-on-year. Gross profit increased 37.5% to RMB 331,600,000. However, the company's loss during the period reached RMB42,200,000 and recorded a profit of RMB15,500,000 in the same period last year. The company said revenue growth was mainly driven by an increase in tuition revenue, particularly from overseas operating income. THE COMPANY OPERATES SEVERAL BILINGUAL PUBLIC SCHOOLS AND KINDERGARTENS IN CHINA AND SOUTHEAST ASIA, FOCUSING ON HIGH SCHOOLS PROVIDING WORLD SCHOOL CURRICULA AND BILINGUAL EDUCATION. During the reporting period, the company did not pay any dividends. In addition, the Company made a change...Show More