Sunlands Technology Group reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was CNY 483.48 million compared to CNY 541.72 million a year ago. Net income was CNY 57.81 million compared to CNY 155.2 million a year ago. Basic earnings per share from continuing operations was CNY 4.275 compared to CNY 11.295 a year ago.
For the full year, sales was CNY 1,990.2 million compared to CNY 2,159.58 million a year ago. Net income was CNY 342.08 million compared to CNY 640.83 million a year ago. Basic earnings per share from continuing operations was CNY 25.06 compared to CNY 46.44 a year ago.