Sunlands Technology Group announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was CNY 512.482 million compared to CNY 552.690 million a year ago. Operating loss was CNY 147.097 million compared to CNY 41.657 million a year ago. Net loss was CNY 126.194 million compared to CNY 12.793 million a year ago. For the half year, sales was CNY 1,077.581 million compared to CNY 1,116.905 million a year ago. Operating loss was CNY 246.662 million compared to CNY 175.643 million a year ago. Net loss was CNY 191.705 million compared to CNY 125.733 million a year ago.