New Higher Education Group (02001) released results for the six months ended February 29, 2024moonfish, the group achieved total revenue during the period 14moonfish.82 billion yuan (RMB, the same below), a year-on-year increase of 12.2%; main income was 1.311 billion yuan, a year-on-year increase of 13.8%; net profit attributable to the parent company was 432 million yuan, a year-on-year increase of 10.6%; basic earnings per share was 0.28 yuan.

The announcement stated that the increase in revenue was mainly due to the continued leveraging of the advantages of group-based schools, continued high-quality connotative development, and the steady growth of tuition income and accommodation fee income.