China Beststudy Education's 2024 Profit More Than Doubles; Shares Slide 3%

MT Newswires Live

2025/03/21

China Beststudy Education (HKG:3978) attributable profit more than doubled to 192.5 million yuan in 2024 from 91.2 million yuan in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the educational services company surged to 0.2556 yuan from 0.1212 yuan in the previous year.

Revenue surged 125% to 1.10 billion yuan from 489.3 million yuan a year earlier.

The company declared a final dividend of 0.123 yuan per share, payable June 16 to shareholders on record as of May 30.

Shares fell 3% during Friday's afternoon trading.

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