New Oriental turns in mixed report card of rising revenue, falling profits
The education services provider’s latest quarterly report reflected its largely steady but unspectacular performance Key Takeaways: New Oriental Education reported revenue for its fiscal quarter through August reached $1.52 billion,…
China East Education aims to profit from shifting jobs market
The provider of vocational training has posted solid half-year earnings and is focusing on training for the automotive and IT industries Key Takeaways: The number of new students enrolled at…
China Education Group makes the grade with rising profits
The vocational training provider’s half-year earnings were well received by investors, aided by a broader rally on the Hong Kong stock market Key Takeaways: China Education Group has slowed its…
XJ International gets lesson on perils of zero-coupon bonds
The vocational educator said holders of its zero-coupon convertible bonds due in 2026 are asking for a permitted early redemption Key Takeaways: Holders of all of XJ International’s $315 million…
China Education Group’s goodwill impairment offers lesson in how to spook investors
China's largest privately-owned vocational educator posted double-digit revenue growth in its latest fiscal year, but also a rare profit decline Key Takeaways: China Education Group’s profit fell in its latest…
China East Education returns to growth as short-term enrollments surge
The vocational educator’s revenue grew 4% in the first half of the year, reversing a 14% drop a year earlier when China’s tough Covid-control measures forced many of its schools…
China Education Group seeks to jumpstart growth with resumed M&A
The vocational school operator has recently raised funds to expand its network, as its growth slowed in the first half of its latest fiscal year Key Takeaways: China Education Group’s…
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