According to the Zhitong Finance App, China KePei (01890) announced interim results for the six months ended February 29, 2024, with revenue of about $872 million, up 10.4% year on year; core net profit of about 461 million yuan, up 5.1% year on year; net profit of about 452 million yuan, up 6.66% year on year; profit per share of 0.2249 yuan, with an interim dividend of HK$0.07 per share.

According to the announcement, the increase in earnings was mainly due to a steady increase in the number of students enrolled and average tuition fees.

In the 2023/24 school year, the group's schools had a total of about 120,000 students. Benefiting from favorable vocational education policies and strong student demand, the number of new undergraduate students enrolled and enrolled in the 2023/24 academic year increased by 22% and 10% respectively. The student structure was further optimized. The total number of undergraduate students reached 65,000, an increase of 6.2 percentage points over the previous academic year. Admissions scores and enrollment rates continue to rise, brand competitiveness is further enhanced, and high-quality development strategies are progressing steadily.