Virscend Education Reports Strong Growth and Dividend

Virscend Education Company Limited (HK:1565) has released an update.

Virscend Education Company Limited announced a robust financial performance for the year ending August 2024, showcasing a 25.3% increase in revenue and a 39.9% boost in profits compared to the previous year. The company declared a total dividend of 1.30 HK cents per share, reflecting a significant 50% payout ratio. Enrollment figures also rose, with substantial growth in both high-school and university students.

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