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China Xinhua Education Group (HKSE:02779) Credit Losses Provision


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What is China Xinhua Education Group Credit Losses Provision?

Credit Losses Provision only applies to banks.


China Xinhua Education Group (HKSE:02779) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088
China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.