New Oriental Education & Technology Group Records 6.2% Higher Attributable Income in Fiscal Q2

MT Newswires Live01-22

New Oriental Education & Technology Group (HKG:9901) recorded a net income attributable to shareholders of $31.9 million for the fiscal second quarter, 6.2% higher than $30.1 million logged for the year-ago period, a Tuesday Hong Kong bourse filing said.

The company's net income per share attributable to shareholders stood at $0.02 for the three months ended Nov. 30, 2024, the same as a year ago.

The net income per American depository share for the reporting period stood at $0.19, compared with $0.18 booked last year.

The private educational services provider booked net revenues of $1.04 billion during the reporting period, 19.4% higher than $869.6 million logged for the same period last year.

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