Wisdom Education International (HKG:6068) expects 30.5 million yuan in consolidated net profit for the fiscal first half ended Feb. 28, compared with 51.6 million yuan in the same period of 2025, according to a Hong Kong bourse filing Tuesday.
Shares of the school-related supply chain business gained nearly 3% in late morning trade Wednesday.
The firm attributed the decrease to a rise in administrative expenses and a drop in financial guarantee contracts during the period.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments