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Stock impact report

Four Seasons Education Reports Third Quarter Fiscal 2019 Unaudited Financial Results

Four Seasons Education (Cayman) Inc. American Depositary Shares, each ADS representing 10 ordinary shares (FEDU) 
Last four seasons education (cayman) inc. american depositary shares, each ads representing 10 ordinary shares earnings: 1/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sijiedu.com
Company Research Source: PR Newswire
SHANGHAI, Jan. 28, 2019 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading after-school math education service provider for elementary school students in Shanghai, today announced its unaudited financial results for the third quarter fiscal year 2019, ended November 30, 2018.Third Quarter Fiscal Year 2019 Financial and Operational HighlightsRevenue increased by 4.5% to RMB91.2 million (US$13.1 million) from RMB87.2 million in the same period of last year. Gross profit decreased by 15.7% to RMB48.1 million (US$6.9 million) from RMB57.1 million in the same period of last year. Gross margin was 52.8%, compared with 65.4% in the same period of last year. Operating income decreased by 64.4% to RMB7.7 million (US$1.1 million) from RMB21.6 million in the same period of last year. Adjusted operating income(1) (non-GAAP) decreased by 40.2% to RMB16.7 million (US$2.4 million) from RMB27.9 million in the same period of last ye Show less Read more
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