Virscend Edu Issues Profit Warning: Interim Net Profit to Fall Up to 50% on Higher Costs and FX Losses

Bulletin Express

Apr 17

Virscend Education Company Limited (Virscend Edu) announced that, based on a preliminary review of unaudited management accounts for the six months ended 28 February 2026, profit attributable to owners is expected to decline by as much as 50% versus the same period in 2025, while revenue is projected to remain broadly unchanged.

Management attributes the anticipated earnings contraction to three main factors: 1. Increased teachers’ remuneration aimed at retaining high-quality staff. 2. Higher interest expenses stemming from expanded borrowings. 3. Rising exchange losses triggered by Hong Kong dollar depreciation against the renminbi.

The company emphasized that the figures are unaudited and subject to review. Detailed interim results are scheduled for release by end-April 2026. Shareholders and potential investors are advised to exercise caution when dealing in Virscend Edu shares.

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Shareholders and potential investors are advised to exercise caution when dealing in Virscend Edu shares.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Virscend Edu Issues Profit Warning: Interim Net Profit to Fall Up to 50% on Higher Costs and FX Losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVirscend Edu Issues Profit Warning: Interim Net Profit to Fall Up to 50% on Higher Costs and FX Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-17 18:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Virscend Education Company Limited (Virscend Edu) announced that, based on a preliminary review of unaudited management accounts for the six months ended 28 February 2026, profit attributable to owners is expected to decline by as much as 50% versus the same period in 2025, while revenue is projected to remain broadly unchanged.</p>\n<p>Management attributes the anticipated earnings contraction to three main factors:\n1. Increased teachers’ remuneration aimed at retaining high-quality staff.\n2. Higher interest expenses stemming from expanded borrowings.\n3. Rising exchange losses triggered by Hong Kong dollar depreciation against the renminbi.</p>\n<p>The company emphasized that the figures are unaudited and subject to review. Detailed interim results are scheduled for release by end-April 2026. Shareholders and potential investors are advised to exercise caution when dealing in Virscend Edu shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01565","symbol_name":"成实外教育","start_time":0,"source_url":"","article_id":"1177408056","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177408056","pubTimestamp":1776421412,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Virscend Education Company Limited (Virscend Edu) announced that, based on a preliminary review of unaudited management accounts for the six months ended 28 February 2026, profit attributable to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01565":"成实外教育"},"translate_title":"Virscend Edu发布盈利预警：由于成本上升和外汇损失，中期净利润将下降50%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01565":1},"content_text":"Virscend Education Company Limited (Virscend Edu) announced that, based on a preliminary review of unaudited management accounts for the six months ended 28 February 2026, profit attributable to owners is expected to decline by as much as 50% versus the same period in 2025, while revenue is projected to remain broadly unchanged.\nManagement attributes the anticipated earnings contraction to three main factors:\n1. Increased teachers’ remuneration aimed at retaining high-quality staff.\n2. Higher interest expenses stemming from expanded borrowings.\n3. Rising exchange losses triggered by Hong Kong dollar depreciation against the renminbi.\nThe company emphasized that the figures are unaudited and subject to review. Detailed interim results are scheduled for release by end-April 2026. Shareholders and potential investors are advised to exercise caution when dealing in Virscend Edu shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}