Minsheng Education Group Co. Ltd. (HK:1569) has released an update.
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Minsheng Education Group Co. Ltd. reported a transition of its Dianchi College to for-profit status and enrollment for the 2024-2025 academic year, amidst a challenging financial period with a 10.7% revenue decrease and a significant 63.1% drop in profit for the first half of 2024. Despite these results, the company maintains a healthy gearing ratio, indicating stable financial leverage.
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