Xiamen Unigroup Xue Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 12, 2021 at 07:20 am EDT
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Xiamen Unigroup Xue Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,429.882 million compared to CNY 2,991.938 million a year ago. Operating income was CNY 81.458 million compared to CNY 47.782 million a year ago. Net income was CNY 43.687 million compared to CNY 13.865 million a year ago. Basic earnings per share from continuing operations was CNY 0.4542 compared to CNY 0.1441 a year ago.
Xueda Xiamen Education Technology Group Co Ltd, formerly Xiamen Unigroup Xue Co Ltd, is a China-based company mainly engaged in education services. The Company provides personalized education counseling for Chinese primary and middle school students. The Company focuses on the (kindergarten to 12th grade) K12 education and training business, mainly includes one-to-one tutoring, personalized group tutoring, full-time cultural tutoring, online school. The Company's courses also include training and counseling courses for art examination and culture courses, training and counseling courses related to the new college entrance examination, as well as expanding training and counseling products including international education, full-time primary and secondary school education and training services, and quality development. The Company is also engaged in house leasing, property management, equipment leasing business and technical services.