China Online Education Group announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was CNY 535.074 million compared to CNY 397.154 million a year ago. Operating income was CNY 11.010 million compared to operating loss of CNY 1.943 million a year ago. Net income was CNY 31.819 million compared to CNY 809,000 a year ago. For the full year, sales was CNY 2,054.095 million compared to CNY 1,478.493 million a year ago. Operating income was CNY 104.419 million compared to operating loss of CNY 107.555 million a year ago. Net income was CNY 146.962 million compared to net loss of CNY 104.420 million a year ago.