HONG KONG, CHINA -- 2 August 2018 - China Chuanglian Education Financial Group Limited (HKEx stock code: 2371.HK, the "Group") announced that, it is anticipated that the Group would improve significantly to record a turnaround to profit for the six months ended 30 June 2018. 

 

It was mainly attributable to a significant increase in the revenue from the educational consultancy and online training and education business; and an improvement in gross profit margin as a result of better economy of scale achieved.

 

Mr. Lu Xing, Chairman of the Group said, "With the increasing popularity of the internet and online education, as well as the change in the economy structure and the corresponding increase in the demand for talented personnel in the PRC, it is expected that the market of education industry will continue to grow. We believe that, there is plenty of room for the Group's business." (MO).