China General Education Group Ltd. Reports 0.5% Drop in Revenue, Profit Falls to RMB51.8 Million

Reuters
22 May
China General Education Group Ltd. Reports 0.5% Drop in Revenue, Profit Falls to RMB51.8 Million

China General Education Group Ltd. released its interim financial results for the six months ended 28 February 2025. The Group reported revenue of approximately RMB183.1 million, a slight decrease of around RMB1.0 million, or 0.5%, compared to the RMB184.1 million recorded during the same period in 2024. This decrease in revenue was primarily attributed to variations in tuition fees and boarding fees collected from students. The company's profit for the period reached RMB51.8 million, down from RMB67.6 million in the previous year. The earnings per share attributable to ordinary equity holders of the parent company also fell from RMB0.14 in 2024 to RMB0.11 in 2025. The Group remains one of the leading private higher education institutions in Shanxi Province, with a market share of 15.7% in the 2023/2024 school year. Despite the slight decline in financial performance, the institution's enrollment and market position present a strategic factor for consideration as local government provisions are formalized.

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