MINSHENG EDU (01569) releases annual performance, with shareholders' net loss of RMB 744 million, turning from profit to loss year-on-year.
Minsheng Education (01569) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of 1.65 billion yuan, a decrease of 15.28% year-on-year; the loss attributable to owners of the parent company was 744 million yuan, compared to a profit of 1.19 million yuan in the same period last year; the loss per share was 0.1765 yuan.
MINSHENG EDU (01569) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of 1.65 billion yuan, a decrease of 15.28% compared to the previous year. The parent company's attributable loss was 744 million yuan, while it had a profit of 1.19 million yuan in the same period last year. The loss per share was 0.1765 yuan.
The announcement stated that the loss was mainly due to impairment of goodwill and intangible assets of the online education business entity, amounting to approximately 548 million yuan, as well as a net loss from impairment of financial assets of around 140 million yuan.
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