Puxin Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 24, 2020 at 07:18 am EDT
Puxin Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was CNY 601.053 million compared to CNY 632.922 million a year ago. Operating loss was CNY 25.805 million compared to CNY 168.708 million a year ago. Net income was CNY 35.620 million compared to net loss of CNY 194.619 million a year ago. Basic earnings per share was CNY 0.21 compared to basic loss per share of CNY 1.14 a year ago.
For the half year, sales was CNY 1,352.398 million compared to CNY 1,248.597 million a year ago. Operating loss was CNY 22.153 million compared to CNY 305.251 million a year ago. Net loss was CNY 8.763 million compared to CNY 443.379 million a year ago. Basic loss per share was CNY 0.04 compared to CNY 2.64 a year ago.