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Stock impact report

Jianzhi Education Technology Group Company Limited Reports Half Year 2024 Financial Results

Jianzhi Education Technology Group Company Limited - American Depositary Shares (JZ) 
Company Research Source: GlobeNewswire
BEIJING, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced its financial results for six months ended June 30, 2024. Revenue decreased by 25.4% from RMB280.6 million for the six months ended June 30, 2023 to RMB 209.3 million (US$28.8 million) for the six months ended June 30, 2024.Gross profit was RMB 41.7 million (US$5.7 million) and RMB 23.9 million for the six months ended June 30, 2024 and 2023. Gross profit margin rose to 19.9% for the six months ended June 30, 2024 from 8.5% for the six months ended June 30, 2023. Net income was RMB27.6 million (US$3.8 million) for the six months ended June 30, 2024, a turnaround from net loss of RMB93.6 million for the same period in 2023.The following table sets forth a summary of the consolidated results of operations for the years indicated:   For the Six Months Ended June 30,   2023   Show less Read more
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