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FINWIRES

Wisdom Education Flags Lower Profit For Fiscal H1; Shares Up 3%

-- Wisdom Education International (HKG:6068) expects 30.5 million yuan in consolidated net profit for the fiscal first half ended Feb. 28, compared with 51.6 million yuan in the same period of 2025, according to a Hong Kong bourse filing Tuesday.

Shares of the school-related supply chain business gained nearly 3% in late morning trade Wednesday.

The firm attributed the decrease to a rise in administrative expenses and a drop in financial guarantee contracts during the period.

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