Megastudyedu Co. LtdKRX: 215200

MegaStudyEdu: Net income jumped 85.3% to KRW 92.9B despite a 6.1% revenue decline, with higher dividends

· Issued by Megastudyedu Co. Ltd

Revenue declined 6.1% to KRW 884.9B, but net income surged 85.3% to KRW 92.9B due to a low base effect. Divestiture of the civil service business and acquisition of Unistudy are expected to improve profitability. Dividend per share increased to KRW 3,000.

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