China's Minsheng Education H1 revenue dips 1.3%

Minsheng Education

25/08/2026 13:43

Overview
China education services provider's H1 2026 revenue fell 1.3% due to weaker online segment
Gross profit rose 13.1% as cost of sales declined, lifting gross margin to 45.5%
Adjusted net profit dropped 22.8% on higher administrative and other expenses

Outlook
Company did not provide specific financial outlook

Result Drivers
ONLINE EDUCATION WEAKNESS - Co said revenue decline was mainly due to lower online education segment revenue amid market conditions
COST REDUCTION - Co attributed higher gross profit and margin to decreased operating costs and expenses in online education
EXPENSE INCREASES - Co said adjusted net profit fell due to higher administrative and other expenses, including professional consultation fees and supplementary real estate tax payments

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 883 mln
 
H1 Net Loss Attributable
 
RMB 5.50 mln
 

Reuters Recommended Reads
Aug 24 - Brazil's YDUQS in talks with Afya over potential business combination
Aug 25 - Sportswear maker Xtep International H1 revenue dips 0.6% as core brand weakens
Aug 24 - China's Tongcheng Travel Q2 revenue rises 6.8% on accommodation growth, hotel management strength

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-25/3d6e5996-8a45-4b7d-8b1a-8a12d3a89418.file
(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.)