Wisdom Education International Issues Profit Warning, Expects Interim Net Profit to Drop to Around RMB 30.5 Million

Stock News04-21 22:14

Wisdom Education International (06068) has announced a profit alert. The group anticipates recording an unaudited consolidated net profit of approximately RMB 30.5 million for the interim period ending February 28, 2026. This compares to an unaudited consolidated net profit of about RMB 51.6 million for the six-month period ended February 28, 2025. The stated decrease is primarily attributed to a lower reversal of provisions for financial guarantee contracts of approximately RMB 8.8 million during the 2026 interim period, compared to RMB 25.6 million in the prior corresponding period, coupled with an increase in administrative expenses of about RMB 3.8 million.

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