1569 — Minsheng Education Income Statement

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Annual income statement for Minsheng Education, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	PRESS
Standards:	IFRS	IFRS	IFRS	IFRS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	1,107	2,394	2,354	2,352	1,947
Cost of Revenue
Gross Profit	567	1,357	1,275	1,260	870
Selling / General / Administrative Expenses
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	895	1,602	1,644	1,854	1,799
Operating Profit	212	792	710	499	148
Total Net Non Operating Interest Income / Expense
Net Income Before Taxes	144	662	547	322	11.4
Provision for Income Taxes
Net Income After Taxes	127	608	513	121	47.7
Minority Interest
Net Income Before Extraordinary Items
Net Income	131	577	490	139	1.19
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	131	577	490	139	1.19
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.081	0.138	0.117	0.047	0.025
Dividends per Share