Hope Education Group's revenue up, profit down amid strategic shifts

For the year ended August 31, 2025, Hope Education Group reported revenue of 3,960.34 million yuan, an increase of 6.12% from 3,732.07 million yuan in the previous year, primarily driven by tuition fee adjustments. However, the group's net profit for the reporting period decreased by 36.93% to 386.68 million yuan, down from 613.09 million yuan in 2024. This decline was largely influenced by a significant increase in impairment on financial and non-financial assets, which amounted to 654.63 million yuan, up from 118.04 million yuan in the prior year.

The group's cost of sales rose by 6.21% to 2,292.54 million yuan, attributed to enhanced teaching quality, increased teacher recruitment and remuneration, and greater investment in practical training facilities. Selling expenses also surged by 35.35% to 327.35 million yuan due to the expansion of student recruitment channels. Despite a decrease in finance costs to 225.68 million yuan, the substantial impairment charges impacted overall profitability.

Strategic initiatives included deepening school-enterprise collaborations and expanding international education presence, with INTI International University ranking 509th in QS World University Rankings 2026, and Wekerle Business School upgrading to "Wekerle International University." The group also focused on enhancing talent cultivation by integrating technology and industry needs, adjusting major structures, and strengthening teacher skills.