TAL Education Group reported earnings results for the third quarter and nine months ended November 30, 2021. For the third quarter, the company reported sales was USD 1,020.93 million compared to USD 1,119.14 million a year ago. Net loss was USD 99.37 million compared to USD 43.61 million a year ago. Basic loss per share from continuing operations was USD 0.1533 compared to USD 0.0733 a year ago. Diluted loss per share from continuing operations was USD 0.1533 compared to USD 0.0733 a year ago.
For the nine months, sales was USD 3,849.76 million compared to USD 3,133.07 million a year ago. Net loss was USD 1,027.99 million compared to net income of USD 53.01 million a year ago. Basic loss per share from continuing operations was USD 1.5967 compared to basic earnings per share from continuing operations of USD 0.0867 a year ago. Diluted loss per share from continuing operations was USD 1.5967 compared to diluted earnings per share from continuing operations of USD 0.0833 a year ago.