公司认为，面对少子化等社会人口结构变化、学生对更高学历的需求增加，未来高等教育市场竞争程度将进一步加剧，需持续提升院校办学层次、提升教学水平和服务质量，以应对未来需求侧减少的冲击。new higher edu (02001) opened nearly 15% lower after the performance announcement, as of the time of writing, it fell by 14.97%, closing at 1.59 Hong Kong dollars, with a turnover of 1.0097 million Hong Kong dollars.
According to the Wise Finance APP, new higher edu (02001) opened nearly 15% lower after the performance announcement, as of the time of writing, it fell by 14.97%, closing at 1.59 Hong Kong dollars, with a turnover of 1.0097 million Hong Kong dollars.
On the news front, new higher edu announced the full-year performance for the year ending August 31, 2024, with total revenue of approximately 2.835 billion yuan, a year-on-year increase of 12.2%; gross profit of 0.876 billion yuan, a year-on-year increase of 8.7%; net income of 0.756 billion yuan, a year-on-year increase of 7.5%; adjusted net income of 0.772 billion yuan, a year-on-year increase of 6.1%. A final dividend of 0.233 yuan per share will be distributed in the form of share repurchase.
The company believes that facing changes in social demographics such as decreasing birth rates and increasing demand from students for higher education, the competition level in the future higher education market will further intensify. It is necessary to continue improving the level of school operation, enhancing teaching quality and service standards to counter the impact of decreasing demand in the future.
