Alliance International Education Leasing Holdings warns of profit decline
Alliance International Education Leasing Holdings Limited issued a profit warning, projecting a consolidated net profit between RMB60 million and RMB130 million for the year ending March 31, 2025. This represents a decrease of approximately 28.9% to 67.2% compared to the net profit of approximately RMB182.8 million for the fifteen months ended March 31, 2024. The anticipated decline is primarily attributed to increased impairment losses on finance leases and other receivables due to economic fluctuations and the impact of a change in financial year end date. The company advises shareholders and potential investors to exercise caution when dealing in its shares. The annual results for the Reporting Year are expected to be released by the end of June 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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