Hong Kong Market Update: BestStudy Edu Group (03978) Rises Over 5% on Forecast Mid-Year Net Profit Growth of 5.6% to 18.8%, Cross-Regional Expansion Yields Significant Results

Stock News

Jul 30

BestStudy Edu Group (03978) saw its share price climb more than 5% during trading. As of the latest report, the stock was up 5.4% at HK$3.32, with a trading volume of approximately HK$2.97 million.

In recent news, BestStudy Edu Group issued a statement forecasting that for the six-month period ending June 30, 2026, the group’s revenue is expected to be between RMB 1.0 billion and RMB 1.1 billion, representing a year-on-year increase of about 9.0% to 19.9%. Net profit is anticipated to range from RMB 160 million to RMB 180 million, reflecting a rise of approximately 5.6% to 18.8% compared to the same period last year.

The company’s board attributed the projected growth primarily to strong user recognition of its teaching quality and service capabilities. Additionally, the group’s brand influence has steadily increased within the Greater Bay Area, and its cross-regional development strategy has achieved notable progress.

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As of the latest report, the stock was up 5.4% at HK$3.32, with a trading volume of approximately HK$2.97 million.<br><br>In recent news, <b>BestStudy Edu Group</b> issued a statement forecasting that for the six-month period ending June 30, 2026, the group’s revenue is expected to be between RMB 1.0 billion and RMB 1.1 billion, representing a year-on-year increase of about 9.0% to 19.9%. Net profit is anticipated to range from RMB 160 million to RMB 180 million, reflecting a rise of approximately 5.6% to 18.8% compared to the same period last year.<br><br>The company’s board attributed the projected growth primarily to strong user recognition of its teaching quality and service capabilities. 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