Shanghai Gench Education Group declares interim dividend amid slight profit dip

Shanghai Gench Education Group Limited announced its interim results for the six months ended June 30, 2025, reporting stable revenue of RMB534,054,000, a minor decrease of 0.3% from RMB535,434,000 in the same period of 2024. Gross profit declined by 4.1% to RMB317,204,000, while profit before tax saw a 12.1% decrease to RMB212,334,000. Profit for the period was RMB162,061,000, down 9.9% from RMB179,857,000 in 2024. Basic and diluted earnings per share were RMB0.41, compared to RMB0.45 in the prior year.

The board of directors resolved to declare an interim dividend of HK$0.10 per ordinary share for the six months ended June 30, 2025, payable around Friday, October 24, 2025. This dividend mirrors the HK$0.10 per ordinary share declared for the corresponding period in 2024.

The company noted an increase in cost of sales by 6.0% to RMB216,850,000, primarily due to higher salary costs and depreciation expenses. Administrative expenses rose by 20.4% to RMB104,473,000, largely attributable to increased administrative staff and campus renovation efforts. Finance costs decreased by 5.3% to RMB13,029,000 due to a reduction in interest-bearing borrowings and a lower effective interest rate.