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Bojun Education Warns of Widening Fiscal H1 Loss

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Bojun Education (HKG:1758) said it expects 51.3 million yuan to 62.7 million yuan in net loss for the fiscal half ended Feb. 28, according to a Hong Kong bourse filing Tuesday.

The firm's loss is expected to widen from the 9.9 million yuan loss in the same period a year earlier.

Bojun Education attributed the higher loss to a fall in revenue from the vocational education segment.

The firm forecasted 180.8 million yuan in revenue for the fiscal half, 26.7 million yuan lower than the figures posted in the year-ago period.

The firm will post its interim results by April 23.

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