Bright Scholar Education Holdings Limited (BEDU) Tops Q4 EPS by 1c

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Bright Scholar Announces Unaudited Financial Results for Fourth Fiscal Quarter and Fiscal Year Ended August 31, 2018

November 7, 2018 5:01 PM EST

FOSHAN, China, Nov. 7, 2018 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools in China*, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended August 31, 2018.

2018 Fourth Fiscal Quarter Ended August 31, 2018 Financial Highlights (in comparison to same period of the last fiscal year):

Revenue was RMB389.7 million, up 41.5% Gross profit was RMB106.7 million, up 56.2%; gross margin was 27.4%, up from 24.8%... More