WISDOM EDU INTL (06068) Issues Profit Warning, Expects Annual Net Profit to Drop to Approximately RMB37.7 Million

Stock News11-17

WISDOM EDU INTL (06068) announced that the group expects to record an unaudited consolidated net profit of approximately RMB37.7 million for the fiscal year ending August 31, 2025. This compares to an audited consolidated net profit of about RMB96.4 million for the previous fiscal year ending August 31, 2024. The decline is primarily attributed to significant decreases in revenue from school-related supply chain operations (down by approximately RMB37 million) and comprehensive education services (down by around RMB14.1 million), as well as a reduction of roughly RMB34.9 million in expected credit losses from financial guarantee contracts under other income and expenses.

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