Scholar Education Group Forecasts Strong Growth

Scholar Education Group (HK:1769) has released an update.

Scholar Education Group anticipates a robust financial performance for the first half of 2024, projecting a revenue surge of over 51.2% and an 86.5% jump in net profit compared to the same period last year. Their growth is credited to increased tutoring hours and improved operational efficiency. The company is also diversifying its offerings with new non-academic literacy programs and other educational initiatives, contributing to its positive long-term outlook.

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