China East Education (667) H2 2025 earnings summary

Executive summary

• Revenue rose 12.1% year-over-year to RMB4,616 million, driven by a 5.5% increase in new student enrollments and a strategic focus on high-value courses.

• Net profit surged 47.5% to RMB756 million, with adjusted net profit up 50.9% to RMB792 million, reflecting operational efficiency and cost control.

• Gross profit margin improved to 55.3% from 51.4% due to higher revenue and moderate cost increases.

• The group operated 230 schools and centers across China, maintaining a leading position in vocational education.

Financial highlights

• Revenue: RMB4,616 million (up 12.1% year-over-year).

• Net profit: RMB756 million (up 47.5% year-over-year).

• Adjusted EBITDA: RMB1,728 million (up 25.6% year-over-year).

• Earnings per share: Basic 34.35 RMB cents, Diluted 33.79 RMB cents.

• Final dividend proposed: HK$0.30 per share, subject to approval.

Outlook and guidance

• Plans to expand vocational education industrial parks and school network, targeting all provincial capitals.

• Continued diversification of course offerings, including new sectors like AI, healthcare, and pet industry.

• Focus on upgrading education level and integrating industry needs, with more technician colleges planned.