Guosheng Securities: Initiates "Buy" rating on China East Education (00667.HK) with multi-brand positioning

Zhitong Finance APP has learned that Guosheng Securities issued a research report stating that it expects China East Education (00667.HK) to record net profit attributable to shareholders of RMB 910 million / 1.04 billion / 1.19 billion for 2026-2028, up 20.0% / 15.0% / 14.1% year on year, corresponding to PE ratios of 7.8 / 6.8 / 5.9X, and initiates coverage with a "Buy" rating; the bank believes that, as a leading player in vocational skills training, the company's enrollment structure optimization is driving a stabilization and recovery in its fundamentals, with profitability continuously recovering.