China East Education Holdings Limited
0667.HK
Hong Kong Stock Exchange4.17
HKD
-0.04
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China East Education Holdings Limited
0667.HK
(Hong Kong Stock Exchange)
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4.17
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- Business
- China East Education Holdings Limited (0667.HK) is an investment holding company principally engaged in providing vocational training education services in the People's Republic of China. Founded in 1988 and headquartered in Hefei, Anhui Province, the company operates through segments including Culinary Arts, Western Cuisine and Pastry, Information Technology and Internet Technology, Auto Services, Fashion and Beauty, and Other Miscellaneous Businesses; it runs 234 schools and centers across 30 provinces in mainland China and Hong Kong under brands such as New East Culinary Education offering comprehensive culinary training in Chinese and Western cuisines, Cuisine Academy providing customized catering experiences, Omick Education of Western Cuisine and Pastry delivering baking, desserts, western cuisines, bartending and barista courses, Xinhua Internet Technology Education and Wisezone Data Technology Education supplying information technology, internet technology and short-term data programs for junior college and university students, Wontone Automotive Education focusing on auto repair skills and automobile commerce training, and On-mind Fashion and Beauty Education cultivating professionals in fashion and beauty sectors. The company serves approximately 152,817 average students enrolled year-round with over 11,000 employees, emphasizing practical skills aligned with employer demands in high-growth industries to enhance graduate employability, which exceeds 93% recommended employment and entrepreneurship rates across major brands. In recent developments, China East Education reported interim revenue of RMB2.19 billion and net profit of RMB403 million for the six months ended 30 June 2025, reflecting 10.2% and 48.4% year-over-year growth respectively driven by 7.1% higher new enrollments to 83,521 and optimized high-value course structures; it expanded to 234 institutions from 233 at year-end 2024, issued new shares upon exercising 23 million share options, declared a final dividend of HK$0.22 per share for 2024, and maintained strong enrollment momentum in culinary arts (up 5.2%), auto services (up 9.3%) and fashion/beauty (up 34.1%) amid strategic cost controls boosting gross margins to 57.3%.