Tianli International Holdings (HKG:1773) expects to record an adjusted profit of 577 million yuan for the fiscal year ended Aug. 31, up 56% from 369 million yuan a year ago.

The education services provider also anticipates a 43% increase in full-year revenue, according to a Thursday disclosure with the Hong Kong Exchange.

Tianli International attributed the upbeat forecast to the rise in customers, growth in product sales through online campus stores, and integration of supply chain resources.

Shares of the company were up 6% in recent trade.