AI spending weighs on Tianli’s profit as revenue rises
Education services provider Tianli International Holdings Ltd. (1773.HK) on Thursday said it expects to report revenue of about 3.8 billion yuan ($568 million) for its fiscal year through Aug. 31,…
Youdao’s revenue inches up on strong gains for its learning services
Online education company Youdao Inc. (DAO.US) on Thursday reported its revenue rose slightly in the second quarter, as strong gains for its learning services offset declines for its smart device…
New Oriental’s revenue rises 23% in May quarter, but adjusted profit declines
Education services company New Oriental Education & Technology Group Inc. (EDU.US; 9901.HK) on Wednesday reported its revenue rose 23% in the three months through May, as it emerged from a difficult…
BRIEF: China New Higher Education’s profit inches up in first half of fiscal year
Vocational educator China New Higher Education Group Ltd. (2001.HK) on Tuesday reported its revenue rose 2.6% to nearly 1.5 billion yuan ($219 million) in the six months to March, the first…
BRIEF: Beststudy Education’s profit jumps
Tutoring services provider China Beststudy Education Group (3978.HK) announcedonThursday it expects to report its revenue ranged between 1.8 billion yuan ($263 million) and 2 billion yuan last year, up 63.3%…
BRIEF: Tianli International buys back shares as chairman boosts stake
Education services provider Tianli International Holdings Ltd. (1773.HK) said on Sunday that Chairman Luo Shi acquired 3.8 million of the company’s shares in the open market last Friday, representing about…
BRIEF: Fenbi partners with Huatu on exam prep services
Vocational education platform Fenbi Ltd. (2469.HK) said on Sunday it has signed an agreement with Huatu Cendes (300492.SZ) to explore collaboration in recruitment examination preparation services. Fenbi said potential cooperation…
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