Movement Alert|NEW ORIENTAL-S Falls 3.37% in Regular Trading, Earnings Preview and Workforce Restructuring Stay in Focus

Market Focus10-22

On October 22, NEW ORIENTAL-S fell 3.37% in Regular Trading, trading at HK$46.52, with turnover of HK$5.89 million.

The most relevant recent developments are the company’s upcoming quarterly results due on October 28 and recent reports of another round of workforce optimization, which together keep investor focus on revenue momentum and margin sustainability.

Consensus expects revenue for the quarter ended August 31 at US$1.864 billion, up 22.80% year over year, adjusted EPS at US$0.19, up 18.75%, and EBIT at US$426 million, up 31.26%. Separately, recent media reports said the company has started a new round of staff cuts this year, with functional roles reportedly more affected and some cities seeing reduction ratios near 20%. These reports may sharpen market attention on cost controls and profitability ahead of the earnings release.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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