Zhitong Financial APP News, Jiahong Education (01935) released its interim results for the six months ended June 30, 2021. The group made a profit of 318 million yuan (the same unit below), an increase of 15.88% over the same period last year; the profit attributable to the owners of the parent company was 149 million yuan, up 15.84% from the same period last year; and earnings per share were 9.28%.
It is reported that the increase in the group's income during the period is mainly due to an increase of 21.9 million yuan in tuition income, as a result of the expansion of the existing campuses of the College of Economics and Trade and the long March College in 2020, resulting in an increase in enrollment for the 2020-2021 academic year starting in September 2020. this is partly offset by the net impact of the decline in some tuition income due to the early completion of the first semester of the 2020-2021 academic year of the School of Economics and Economics in December 2020. The income from accommodation fees increased by 18.3 million yuan, because some of the accommodation fees were refunded to students due to the outbreak of the COVID-19 epidemic, resulting in a relatively low income from accommodation fees obtained by the group in the same period last year.