OneSmart International Education Group Limited Announces Unaudited Financial Results for the Third Fiscal Quarter Ended May 31, 2019
OneSmart International Education Group Limited ADS (ONE)
Company Research
Source: PR Newswire
Quarterly results:Average Monthly Enrollments[1] Increased by 40.0% Year-over-YearNet Revenues Increased by 32.6% Year-over-YearOperating Income Increased by 117.0% Year-over-YearFirst nine months results:Average Monthly Enrollments[1] Increased by 45.4% Year-over-Year Net Revenues Increased by 39.1% Year-over-YearOperating Income Increased by 28.5% Year-over-Year SHANGHAI, July 30, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 after-school education service provider in China, today announced its unaudited financial results for the third fiscal quarter of 2019 ended May 31, 2019.Highlights for the Third Fiscal Quarter Ended May 31, 2019Net revenues increased by 32.6% year-over-year to RMB 1,093.3 million (US$158.4 million) Net revenues from OneSmart VIP business increased by 25.9% year-over-year to RMB887.1 million (US$128.5 million) Net revenues from HappyMath increased by 41.9% year-over-year to
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