Zhitong Financial APP learned that Tianli Education (01773) rebounded significantly in early trading, rising nearly 12% at one point. A few days ago, the company disclosed its interim results, with revenue of 399 million yuan during the period. Tianfeng Securities commented that it is firmly optimistic about the Tianli model and gives a "buy" rating. As of press time, Tianli Education rose 10.29% to HK $0.75, with a turnover of HK $10 million.
A few days ago, Tianli Education (01773) released interim results, FY22H1, company revenue of 399 million. According to the type of income, restaurant operation and comprehensive education services accounted for 53.3% and 37.1%, respectively. As of February 28, 2022, the company's cash and its equivalents were 470 million yuan, and the net cash flow from FY22H1's operating activities was 83.915 million yuan.
Tianfeng Securities said in the performance review report that we are always firmly optimistic about the Tianli model and recognize its remote export and replication of experience in high-quality educational resources. Give a "buy" rating.
Previously, Tianli Education said that after the termination of the K9 education business, the future will focus on expanding and strengthening the for-profit high school business, while providing comprehensive operational services for students.