Huali University Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended February 29, 2020
March 30, 2020 at 02:05 pm IST
Huali University Group Limited provided consolidated earnings guidance for the six months ended February 29, 2020. The group is expected to record an increase of not less than 20% in adjusted net profit as compared to that for the six months ended 28 February 2019. The aforesaid expected increase in adjusted net profit is mainly attributable to the following factors: (i) the increase in the number of students for the 2019/2020 school year as compared to that for the 2018/2019 school year; and (ii) the increase in average tuition fees in 2019 as compared to that in 2018.