According to the Zhitong Finance App, Neusoft Education (09616) announced its 2023 results, with revenue of about 1,806 million yuan, up 16.6% year on year; gross profit of 865 million yuan, up 29.7% year on year; profit attributable to company owners of 429.5 million yuan, up 11.5% year on year; basic profit per share of 0.66 yuan, with a final dividend of HK36.6 cents per share.

Among them, revenue from full-time higher education services was approximately RMB 1,453.3 billion, an increase of 23.7% over the same period last year, mainly due to the increase in the number of students enrolled in the three universities and average tuition fees. Revenue from education resources was approximately RMB 192 million, an increase of 5.3% over the same period last year, mainly due to the increase in project training revenue. Continuing education service revenue was approximately RMB 158.6 million, an increase of 8.3% over the same period last year, mainly due to growth in the training business.

In the 2023/2024 academic year, the number of new students enrolled at the three universities exceeded 18,000, an increase of about 3.0% over the 2022/2023 academic year; after completing registration, the number of students enrolled in the three universities was nearly 57,000, an increase of about 7.5% over the same period in 2022, reaching another record high.

As of December 31, 2023, the campus capacity of the three universities has exceeded 60,000 beds, and the comprehensive utilization rate of the full-time higher education business is about 94% of the campus capacity.