OneSmart International Education Group (ONE) Reports Q3 Revenues of $104.41M

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Go back to OneSmart International Education Group (ONE) Reports Q3 Revenues of $104.41M

OneSmart International Education Group Limited Announces Unaudited Financial Results for the Third Fiscal Quarter Ended May 31, 2020

August 18, 2020 5:30 AM EDT

Third Fiscal Quarter of Fiscal Year 2020 results:

Cash sales totaled RMB721 million Net revenues totaled RMB745 million Average monthly student enrollments totaled 160,438

COVID-19 Recovery Progress to Date:

As of August 4th, more than 90% of learning centers reopened Cash sales for OneSmart 1on1 business recovered to grow by 29% and 25% year-over-year in July, and August-to-date 2020, respectively Cash sales for Young Children business recovered to grow by 12% year-over-year in August to date 2020 Average monthly student enrollments for OneSmart 1on1 business... More