China Chuanglian Education Financial Group Limi ted (HK:2371) has released an update.
Chuanglian Holdings Limited reported a significant financial downturn, with a loss before tax of RMB 164 million for the eighteen months ending June 2024, compared to a profit of RMB 21.36 million in December 2022. The company faced a net loss of RMB 161 million in the recent period against a profit of RMB 10.88 million previously. This decline is reflected in a negative basic earnings per share of RMB 2.35, down from RMB 0.20 earnings per share at the end of 2022.
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