EDVANTAGE GROUP (00382) released its mid-year performance. The revenue was 1.247 billion yuan, a year-on-year increase of 7.5%. It plans to distribute an interim dividend of 6.6 Hong Kong cents per share.

EDVANTAGE GROUP (00382) released its performance for the six months ending on February 28, 2025. During this period, the group generated revenue of 1.247 billion yuan, an increase of 7.5% year-on-year; the company's attributable profit for the period was 244 million yuan; basic earnings per share were 20.98 cents; it plans to distribute an interim dividend of 6.6 Hong Kong cents per share. The announcement stated that the increase in revenue was mainly attributed to the increase in the number of students enrolled at the group's HuaShang Vocational College and City Vocational College, as well as an increase in the average tuition fees in China. Significant achievements of the group during the reporting period include: the team from HuaShang College won several awards in the "2024 National Business Elite Challenge International Trade Competition (Cross-border E-commerce track)", including the national championship and awards at various exhibitions and events; a teacher from HuaShang College published a paper as the first author in the renowned journal "PLOS ONE" and received the "Typical Case Award" at the 7th University-Industry Integration Curriculum Construction Seminar; students from HuaShang Vocational College won the second prize at the international finals of the "Cloud Computing Competition" at the "2024 BRICS Vocational Skills Competition"; two student teams majoring in accounting from City Vocational College won the first prize in the "Big Data Financial Application Competition" at the "2024 BRICS National Skills Development and Technological Innovation Competition". The group will continue to use competitions as a lever to transform competition outcomes into teaching resources and continuously improve the quality of talent cultivation. Looking ahead, facing the opportunities of industrial upgrading in the Greater Bay Area and the development of national strategic emerging industries, the group will seize the golden 15-year window for the high-quality development of higher vocational education, actively embrace the demand for advanced manufacturing, new engineering disciplines, and the healthcare industry in the Greater Bay Area, dynamically optimize the professional layout, focus on developing frontier areas such as "AI", "new energy vehicles", and "smart healthcare", deepen industry-education integration, collaborate with leading companies in the industry to establish industry colleges, and create an integrated talent cultivation system for "production, study, research, and application".