Sunlands Technology Group reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was CNY 492.22 million compared to CNY 526.35 million a year ago. Net income was CNY 82.25 million compared to CNY 173.88 million a year ago. Basic earnings per share from continuing operations was CNY 6 compared to CNY 12.56 a year ago.
For the six months, sales was CNY 1,015.46 million compared to CNY 1,093.23 million a year ago. Net income was CNY 194.99 million compared to CNY 353.99 million a year ago. Basic earnings per share from continuing operations was CNY 14.22 compared to CNY 25.565 a year ago.