Sunlands Technology Group reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CNY 554.99 million compared to CNY 629.51 million a year ago. Net income was CNY 114.61 million compared to CNY 22.81 million a year ago. Basic earnings per share from continuing operations was CNY 8.445 compared to CNY 1.695 a year ago.
For the six months, sales was CNY 1,168.31 million compared to CNY 1,323.81 million a year ago. Net income was CNY 295.25 million compared to net loss of CNY 30.12 million a year ago. Basic earnings per share from continuing operations was CNY 21.975 compared to basic loss per share from continuing operations of CNY 2.24 a year ago.