bojun edu (01758.HK) announced that the expected full-year loss as of the end of August is expected to be between 36.7 million yuan and 44.8 million yuan, while a net profit of 51 million yuan was recorded in the same period last year.

The company stated that the turnaround to a loss was mainly due to financing costs increasing from 16 million yuan for the full year ending in August last year to 0.108 billion yuan for the same period this year.