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Modern Education Group Ltd Comments On H1 2013 Earnings Guidance


Friday, 9 Nov 2012 09:05am EST 

Modern Education Group Ltd announced that based on the preliminary review of the unaudited management accounts and/or financial information of the Company for the four months ended October 31, 2012, the Company is expected to record a substantial decrease in the profit after taxation for the first half of 2013, as compared to that for the first half of 2012. The expected profit decrease was primarily due to the decline in revenue derived from the Company's secondary tutoring services and secondary day school education as a result of abolishment of Hong Kong Advanced Level Examination and Hong Kong Advanced Supplementary Level Examination for Form 7 students. 

Company Quote

0.218
-0.0030 -1.36%
19 Sep 2014