Brief: Sunlands Technology Group Announces Unaudited First Quarter 2022 Financial Results

Sunlands Technology

31/05/2022 11:23

May 31 (Reuters) - Sunlands Technology Group  S790y.F :
    * ANNOUNCES UNAUDITED FIRST QUARTER 2022 FINANCIAL RESULTS
    * Q1 NET REVENUES DECREASED BY 11.7% YEAR-OVER-YEAR
    * Q1 REVENUE FELL 11.7 PERCENT TO RMB 613.3 MILLION
    * Q1 GROSS BILLINGS (NON-GAAP) DECREASED BY 34.2%
YEAR-OVER-YEAR
    * Q1 EARNINGS PER SHARE RMB 27.16
    * SEES Q2 REVENUE DOWN 14.2 TO 17.4 PERCENT
    * SEES Q2 REVENUE RMB 520 MILLION TO RMB 540 MILLION

Source text for Eikon:  ID:nPn4hNr5ca 
Further company coverage:  S790y.F 

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