Alliance International Education’s Profit Rises for 15 Months Ended March 31, 2024

MT Newswires Live06-20

Alliance International Education Leasing Holdings' (HKG:1563) profit attributable to the owners came in at 140.1 million yuan for the 15 months ended March 31, 2024, as compared to the 360.4 million yuan from the year ended Dec. 31, 2022, a Thursday filing with the Hong Kong Exchange said.

The company saw earnings per share of 0.000829 yuan per share for the reporting period, as compared to the earnings of 0.002388 yuan per share in the year ended Dec. 31, 2022.

The company’s revenue for the period was around 811.8 million yuan as compared to the 372.1 million yuan from the year ended Dec. 31, 2022, attributable to the consolidation of revenues generated by Yantai Nanshan University since its acquisition on Aug 18, 2022, into company’s records.

The company's shares were down 5% on Thursday's close.

Price (HKD): $0.56, Change: $-0.03, Percent Change: -5.08%

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