Guanglonghui reported on November 29 that xj intl hldgs (01765.HK) announced that for the year ending August 31, 2024, the group's revenue was RMB 3,732.07 million, an increase of RMB 150.44 million compared to RMB 3,581.63 million for the year ending August 31, 2023. This increase was mainly due to the increase in the number of students enrolled and the rise in fee standards.

For the year ending August 31, 2024, the group's adjusted gross margin was 43.45%, compared to 49.16% for the year ending August 31, 2023.

For the year ending August 31, 2024, the group's adjusted net income was RMB 693.18 million, a decrease of RMB 181.63 million compared to RMB 874.81 million for the year ending August 31, 2023. For the year ending August 31, 2024, the adjusted net margin was 18.57%, a decrease of 5.85% from the previous year's net margin of 24.42%. Due to debt repayment and other funding arrangements, the board of directors does not recommend a final dividend for the year ending August 31, 2024.