Summary by Futu AI
On March 6, 2014, Virscend University has received accreditation from WSCUC, the most prestigious accreditation body for higher education in the Western United States. Virscend University in California, USA, currently offers a Master of Business Administration degree program with 43 graduates since 2018. The Group operates 9 high schools and 1 university in Sichuan Province, China, and offers comprehensive education courses from pre-school to university. The Group's own schools have a total enrollment of 30,339 and employ approximately 1,481 teachers. The Group is committed to opening up Kangchuan Avenue, a well-known domestic and foreign institution, and achieved a number of academic achievements in 2014. Financially, for the six months ended 29 February 2014, the Group's revenue was RMB520,366 million, up 27.7% year-on-year, gross profit was RMB179,274 million, an increase of 28.1%, and the profit for the period was RMB36,846 million, an increase of 36.4%.