Sunlands Technology Group reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 526.35 million compared to CNY 554.99 million a year ago. Net income was CNY 173.88 million compared to CNY 114.61 million a year ago. Basic earnings per share from continuing operations was CNY 12.56 compared to CNY 8.445 a year ago.
For the six months, sales was CNY 1,093.23 million compared to CNY 1,168.31 million a year ago. Net income was CNY 353.99 million compared to CNY 295.25 million a year ago. Basic earnings per share from continuing operations was CNY 25.565 compared to CNY 21.975 a year ago.