News for China New Higher Education Group Limited (2001.HK)

Key Takeaways: China Education Group’s profit fell in its latest fiscal year, despite growing revenue, due to a 390 million yuan goodwill impairment by one of its vocational colleges The leading vocational educator’s student enrollments are expected to keep growing steadily, boosted by favorable national policies By L

China Education Group’s steady expansion through M&A and strong policy support should ultimately work to its advantage. Learn more on CEGHF stock here.

China Education Group’s revenue rose 29% in its latest fiscal year, while its profit was up by a similar 31.5% on favorable policy and economic conditions.

Key Takeaways: Fenbi Technology has posted losses of more than 2.5 billion yuan in the past two years after shifting from online into offline training The company laid off more than 9,400 employees and cut staff salaries to ease financial pressure By Fai Pui