Four Seasons Education (FEDU) Reports Q4 Loss of $0.03/Share
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Four Seasons Education Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
May 6, 2019 7:58 AM EDTSHANGHAI, May 6, 2019 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading after-school math education service provider for elementary school students in Shanghai, today announced its unaudited financial results for the fourth quarter and fiscal year 2019, ended February 28, 2019.
Fourth Quarter Fiscal Year 2019 Financial and Operational Highlights
Revenue decreased by 3.7% to RMB64.7 million (US$9.7 million) from RMB67.2 million in the same period of last year. Gross profit decreased by 50.3% to RMB18.7 million (US$2.8 million) from... More