Hailiang Education Releases 2019 Chinese New Year Chairman Letter
Hailiang Education Group Inc. - American Depositary Shares (HLG)
US:NASDAQ Investor Relations:
nasdaq.com/symbol/hlg
Company Research
Source: PR Newswire
HANGZHOU, China, Jan. 30, 2019 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), an education and management service provider of primary, middle, and high schools in the PRC today released a letter to shareholders from the chairman of the Company's board of directors. Dear Shareholders, 2018 was an exceptional year for Hailiang Education, as demonstrated by the tremendous increase in the number of students enrolled. Hailiang Education continued to enhance its current business model through implementing innovative growth strategies, and has performed considerably well in the 2018 fiscal year ended June 30, 2018. We have substantially grown our revenue and net profit, both of which increased by 37% year-over-year, as we continued to bring considerable return to our shareholders. As of June 30, 2018, the enrollment of our international students grew to 3,860, an increase of 37% from the previous year, and the revenues from our internatio
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