China East Education Sees Mixed Results as Job Market Shifts, Emphasizes Profit Over Growth

China East Education, a leading vocational training provider, saw a slight rise in revenue and a significant jump in profit despite a 7.7% drop in new student enrollments in the first half of 2024. This shift reflects the changing job market and the company’s strategic focus on higher-value, longer-term programs over volume. The company is also capitalizing on growing demand for vocational training in areas like automotive services and electric vehicle technology, while facing challenges in the culinary sector due to the rise of pre-prepared foods.

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