China's Gingko Education revenue rises on higher student enrollment, fees
China's Gingko Education revenue rises on higher student enrollment, fees
Overview
China education provider's half-year revenue rose yr/yr to RMB225.61 mln
Profit for the period declined compared to previous year; gross margin declined to 51.8%
Earnings per share fell to RMB 0.19 from RMB 0.20
Outlook
China Gingko Education expects RMB388 mln of September 2026 school-fee proceeds by end-September
Result Drivers
STUDENT ENROLMENT AND FEES – Revenue rose 8.3% to RMB225.6 mln as higher admissions and average tuition and boarding fees lifted income
QUALIFICATION-PREPARATION COSTS – Gross margin fell to 51.8% from 60.4% as campus, teaching-facility, student-activity and teacher-training spending increased
LOWER INTEREST CAPITALISATION – Net finance expenses rose to RMB1.8 mln from RMB1.4 mln, primarily due to reduced interest capitalised on qualifying assets
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 225.61 mln |
|
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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