Brief: Four Seasons Education Reports First Quarter Fiscal Year 2020 Unaudited Financial Results

Four Seasons Education Cayman

30/07/2019 11:36

July 30 (Reuters) - Four Seasons Education (Cayman) Inc
 FEDU.N :
    * FOUR SEASONS EDUCATION REPORTS FIRST QUARTER FISCAL YEAR
2020
UNAUDITED FINANCIAL RESULTS
    * Q1 REVENUE FELL 0.8 PERCENT TO RMB 85.6 MILLION
    * SEES Q2 2020 REVENUE RMB 121.4 MILLION TO RMB 126.1
MILLION
    * SEES Q2 2020 REVENUE UP ABOUT 30 TO 35 PERCENT
    * FOUR SEASONS EDUCATION (CAYMAN) QTRLY BASIC AND DILUTED
NET
INCOME PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE BOTH
RMB0.08
    * QTRLY NUMBER OF LEARNING CENTERS REACHED 52 AS OF MAY 31,
2019,
COMPARED WITH 49 AS OF MAY 31, 2018
    * FOUR SEASONS EDUCATION (CAYMAN) - STUDENT ENROLLMENT
REACHED
69,100, REPRESENTING AN INCREASE OF 53.2% FROM 45,113 DURING
SAME PERIOD OF LAST YEAR
    * FOUR SEASONS EDUCATION (CAYMAN) - SUBSTANTIAL QTRLY
INCREASE IN
STUDENT ENROLLMENT WAS DUE TO INCREASED COURSE OFFERINGS WITH
HIGHER DIVERSIFICATION

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