JH Educational Technology Reveals FY 2023 Financial Results with Increase in Revenue and Net Income

JH Educational Technology (HKG:1935) announced its full year 2023 financial results, showing a 6.6% increase in revenue to CN¥873.3m, compared to the previous fiscal year. Net income also grew by 5.9% to CN¥388.2m from the prior year. Despite this, the profit margin remained steady at 44%, and earnings per share rose slightly to CN¥0.24 from CN¥0.23 in FY 2022.

On March 29th, 2024, JH Educational Technology shares were down by 7.4% from a week prior, indicating that the market is not entirely optimistic about the company’s financial health. However, a detailed analysis of the company’s financial position is available along with a graphical representation of the balance sheet that can provide insights into its financial health.

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