Core Insights - Minsheng Education (01569.HK) reported total revenue of approximately RMB 895 million for the six months ending June 30, 2025, representing a decrease of about 17.1% compared to the same period in 2024 [1] - The adjusted net profit for the group was approximately RMB 57.1 million, a decline of about 56.6% year-on-year [1] - The capital debt ratio of the group stands at approximately 42.3%, indicating a healthy level of leverage [1] Revenue Breakdown - The primary source of revenue for the group comes from providing campus education and online education services to students and users [1] - The significant decrease in total revenue is attributed to changes in market conditions during the reporting period, which led to a reduction in online education revenue [1]

Core Viewpoint - Minsheng Education (01569) reported a total revenue of approximately 895 million RMB for the six months ending June 30, 2025, representing a year-on-year decrease of about 17.1% [1] - The company experienced a loss attributable to equity holders of 4.075 million RMB, compared to a profit of 105 million RMB in the same period last year, with a basic loss per share of 0.0010 RMB [1] Revenue Breakdown - The group's revenue primarily comes from providing campus and online education services to students and users [1] - The decline in total revenue is mainly attributed to changes in market conditions during the reporting period, which led to a decrease in online education revenue [1] Enrollment Plans - The group's enrollment plan for the 2025/2026 academic year has significantly increased by approximately 24.0% compared to the previous academic year, with a 29.0% increase in undergraduate program enrollment plans [1]