As of August 31, 2024, the annual revenue of Tianli International Holdings reached approximately 3.32 billion RMB, a year-on-year increase of 44.2%; the net profit was 556 million RMB, a year-on-year increase of 66.3%. The basic earnings per share of the company was 27.51 cents RMB, a 71.4% increase from last year. In addition, the company announced a dividend of 8.25 cents RMB per share, a 73% increase from last year. Management stated that the performance growth was mainly attributed to the increase in the number of high school students enrolling and the recovery of the study tour business after the epidemic. The company's supply chain layout in regions like Shandong, Gansu, Guangxi, and Yunnan also drove the growth of product sales revenue. In the...Show More

As of August 31, 2024, the annual revenue of Tianli International Holdings reached approximately 3.32 billion RMB, a year-on-year increase of 44.2%; the net profit was 556 million RMB, a year-on-year increase of 66.3%. The basic earnings per share of the company was 27.51 cents RMB, a 71.4% increase from last year. In addition, the company announced a dividend of 8.25 cents RMB per share, a 73% increase from last year. Management stated that the performance growth was mainly attributed to the increase in the number of high school students enrolling and the recovery of the study tour business after the epidemic. The company's supply chain layout in regions like Shandong, Gansu, Guangxi, and Yunnan also drove the growth of product sales revenue. In the future, the company plans to continue expanding the scale of high school enrollment and provide diversified value-added services to promote students' comprehensive development. Despite facing regulatory challenges from the Foreign Investment Law and the Implementation Regulations of the Private Education Promotion Law, Tianli International Holdings ensured the continuous growth of its business through the high school strategy of optimizing operational structure and independent operation licenses. The company will continue to monitor policy changes and make adjustments as needed to address potential risks.