Sunlands Technology Group reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CNY 491.26 million compared to CNY 524.63 million a year ago. Net income was CNY 89.29 million compared to CNY 131.64 million a year ago. Basic earnings per share from continuing operations was CNY 6.54 compared to CNY 9.565 a year ago.
For the nine months, sales was CNY 1,506.73 million compared to CNY 1,617.86 million a year ago. Net income was CNY 284.28 million compared to CNY 485.63 million a year ago. Basic earnings per share from continuing operations was CNY 20.76 compared to CNY 35.145 a year ago.