South China Vocational Education's H1 revenue rises on higher enrollment and fees

South China Vocational Education

26/08/2026 14:32

Overview
China private vocational educator's H1 revenue up 6.9% yr/yr
Profit attributable to shareholders fell 30.8% on higher income tax expense
No interim dividend declared, versus HK2.0 cents per share a year earlier

Outlook
Company did not provide specific financial guidance or forecasts for the current or future periods in the press release

Result Drivers
ENROLLMENT AND FEE GROWTH – Revenue rose 6.9% to RMB386.6 mln, driven by higher full-time student enrollment and tuition fees
HIGHER TAX EXPENSE - Profit decline mainly due to increased income tax expense after local tax authority reassessment

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 386.6 mln
 
H1 Net Income Attributable
 
RMB 57.8 mln
 

Reuters Recommended Reads
Aug 25 - China's Minsheng Education H1 revenue dips 1.3%
Aug 25 - Hong Kong's Town Ray interim profit falls 37% on costs FX losses
Aug 25 - Hong Kong's Ming Fai interim profit falls as margin drops

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-26/4050cdeb-ea5b-41b5-8441-62fe60e0ad40.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.)