Scholar Education Group Posts Strong Mid-Year Growth

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

Scholar Education Group has reported a notable improvement in its financial performance for the first half of 2024, with a striking 58.8% increase in revenue and a more than doubling in both operating profit and adjusted profit compared to the previous year. The company’s earnings per share have also seen a significant rise, with basic and diluted adjusted earnings per share increasing by over 100%. These robust results underline the company’s strong operational execution and growth trajectory.

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