Xiamen Unigroup Xue Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 06:27 am EDT
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Xiamen Unigroup Xue Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,296.399 million compared to CNY 1,689.952 million a year ago. Operating income was CNY 77.946 million compared to CNY 130.981 million a year ago. Net income was CNY 43.865 million compared to CNY 94.210 million a year ago. Basic earnings per share from continuing operations was CNY 0.456 compared to CNY 0.9794 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.
XUEDA (XIAMEN) EDUCATION TECHNOLOGY GROUP CO., LTD 
