Bright Scholar Announces Unaudited Financial Results for the Second Quarter of Fiscal 2024
Gross Profit Increased 40.2% YoY and Net Income ReachedRMB
2.9 million
Management to hold a conference call today at
SECOND QUARTER OF FISCAL 2024 FINANCIAL HIGHLIGHTS
- Revenue was
RMB521.4 million , an increase of 17.2% from the same quarter last fiscal year. - Gross profit was
RMB161.7 million , an increase of 40.2% from the same quarter last fiscal year. Gross margin increased to 31.0% from 25.9% for the same quarter last fiscal year. Adjusted gross profit[1] wasRMB164.9 million , an increase of 38.3% year over year. - Net income was
RMB2.9 million , compared with a net loss ofRMB50.8 million for the same quarter last fiscal year. Adjusted net income[2] wasRMB7.1 million , compared with an adjusted net loss ofRMB47.8 million for the same quarter last fiscal year. - Adjusted EBITDA[3] was
RMB33.7 million , compared with an adjusted EBITDA loss ofRMB26.6 million for the same quarter last fiscal year. - Basic and diluted net earnings per ordinary share were each
RMB0.02 , compared with a basic and diluted net loss per ordinary share ofRMB0.42 for the same quarter last fiscal year. Adjusted basic and diluted net earnings per ordinary share[4] were eachRMB0.06 , compared with an adjusted basic and diluted net loss per ordinary share ofRMB0.40 for the same quarter last fiscal year.
Revenues by Segment
(RMB in millions)
|
The second quarter |
YoY % Change |
% of total |
|
|
2024 |
2023 |
|
|
Overseas Schools (CATS |
248.3 |
206.0 |
20.5 % |
47.7 % |
Complementary Education |
214.1 |
179.0 |
19.5 % |
41.0 % |
Domestic Kindergartens & K- |
59.0 |
60.1 |
-1.5 % |
11.3 % |
Total |
521.4 |
445.1 |
17.2 % |
100.0 % |
[1] Adjusted gross profit is defined as gross profit excluding amortization of intangible assets. |
[2] Adjusted net income/(loss) is defined as net income/(loss) excluding share-based compensation expenses, amortization of intangible assets, and tax effect of amortization of intangible assets. |
[3] Adjusted EBITDA is defined as net income/(loss) excluding interest income/(expense), net, income tax expense/benefit, depreciation and amortization, and share-based compensation expenses. |
[4]
Adjusted basic and diluted earnings/(loss) per share is defined as adjusted net income/(loss) attributable to ordinary shareholders (net income/(loss) attributable to ordinary shareholders excluding share-based |
[5]
As of |
[6] The Complementary Education Services business comprises language training, overseas study counselling, career counselling, study tours and camps, as well as international contest training and others. |
[7] The Domestic Kindergartens & K-12 Operation Services business comprises for-profit kindergartens and operation services for students of domestic K-12 schools, including catering and procurement services. |
|
For more information on these adjusted financial measures, please see the section captioned under "Non-GAAP Financial Measures" and the tables captioned "Reconciliations of GAAP and Non-GAAP Results" |
MANAGEMENT COMMENTARY
Mr.
Ms.
UNAUDITED FINANCIAL RESULTS
FOR THE SECOND FISCAL QUARTER ENDED
Revenue
Revenue was
Overseas Schools: Revenue contribution was
Complementary Education Services: Revenue contribution was
Domestic Kindergartens & K-12 Operation Services: Revenue contribution was
Cost of Revenue
Cost of revenue was
Gross Profit, Gross Margin and Adjusted Gross Profit
Gross profit was
Adjusted gross profit was
Selling, General and Administrative Expenses
Total SG&A expenses were
Operating Income, Operating Margin and Adjusted Operating Income
Operating income was
Adjusted operating income[8] was
Net Income and Adjusted Net Income
Net income was
Adjusted net income was
Adjusted EBITDA
Adjusted EBITDA was
Earnings per ordinary share/ADS and Adjusted Earnings per ordinary share/ADS
Basic and diluted net earnings per ordinary share attributable to ordinary shareholders were both
Adjusted basic and diluted net earnings per ordinary share attributable to ordinary shareholders were both
Basic and diluted net earnings per ADS attributable to ADS holders were both
Adjusted basic and diluted net earnings per ADS[9] attributable to ADS holders were both
As of
CONFERENCE CALL
The Company's management will host an earnings conference call at
Dial-in details for the earnings conference call are as follows:
Mainland |
4001-201203 |
|
800-905945 |
|
1-888-346-8982 |
International: |
1-412-902-4272 |
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.brightscholar.com/.
A replay of the conference call will be accessible after the conclusion of the live call until
United States Toll Free: |
1-877-344-7529 |
International: |
1-412-317-0088 |
Replay Passcode: |
6407277 |
CONVENIENCE TRANSLATION
The Company's reporting currency is Renminbi ("RMB"). However, periodic reports made to shareholders will include current period amounts translated into
NON-GAAP FINANCIAL MEASURES
In evaluating our business, we consider and use certain non-GAAP measures, including primarily adjusted EBITDA, adjusted net income/(loss), adjusted gross profit/(loss), adjusted operating income/(loss), adjusted net earnings/(loss) per share attributable to ordinary shareholders/ADS holders basic and diluted as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with
We incur amortization expense of intangible assets related to various acquisitions that have been made in recent years. These intangible assets are valued at the time of acquisition and are then amortized over a period of several years after the acquisition. We believe that exclusion of these expenses allows greater comparability of operating results that are consistent over time for the Company's newly-acquired and long-held business as the related intangibles do not have significant connection to the growth of the business. Therefore, we provide exclusion of amortization of intangible assets to define adjusted gross profit, adjusted operating income/(loss), adjusted net income/(loss), and adjusted net earnings/(loss) per share attributable to ordinary shareholders/ADS holders, basic and diluted.
We present the non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. Such non-GAAP measures include adjusted EBITDA, adjusted net income/(loss), adjusted gross profit/(loss), adjusted operating income/(loss), adjusted net earnings/(loss) per share attributable to ordinary shareholders/ADS holders basic and diluted. Non-GAAP financial measures enable our management to assess our operating results without considering the impact of non-cash charges, including depreciation and amortization and share-based compensation expenses, and without considering the impact of non-operating items such as interest income/(expense), net; income tax expense/benefit; share-based compensation expenses; amortization of intangible assets and tax effect of amortization of intangible assets. We also believe that the use of these non-GAAP measures facilitates investors' assessment of our operating performance.
The non-GAAP financial measures are not defined under
[8] Adjusted operating income/(loss) is defined as operating income/(loss) excluding share-based compensation expenses and amortization of intangible assets. |
[9] Adjusted basic and diluted earnings per American depositary share ("ADS") is defined as adjusted net income attributable to ADS shareholders (net income attributable to ADS shareholders excluding share-based compensation expenses, amortization of intangible assets, and tax effect of amortization of intangible assets) divided by the weighted average number of basic and diluted ADSs. |
About Bright Scholar Education Holdings Limited
Bright Scholar is a premier global education service Group. The Company primarily provide quality international education to global students and equips them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education.
For more information, please visit: https://ir.brightscholar.com/.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the
IR Contact:
Email: BEDU@thepiacentegroup.com
Phone: +86 (10) 6508-0677/ +1-212-481-2050
Media Contact:
Email: media@brightscholar.com
Phone: +86-757-2991-6814
|
|||||||
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS |
|||||||
(Amounts in thousands) |
|||||||
|
|||||||
|
|
As of |
|||||
|
|
|
|
|
|||
|
|
2023 |
|
2024 |
|||
|
|
RMB |
|
RMB |
|
USD |
|
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
Cash and cash equivalents |
|
537,325 |
|
474,652 |
|
65,945 |
|
Restricted cash |
|
28,261 |
|
21,958 |
|
3,051 |
|
Short term investment |
|
- |
|
29,887 |
|
4,152 |
|
Accounts receivable |
|
19,209 |
|
28,028 |
|
3,894 |
|
Amounts due from related |
|
188,445 |
|
138,842 |
|
19,290 |
|
Other receivables, deposits and |
|
148,679 |
|
148,554 |
|
20,639 |
|
Inventories |
|
5,480 |
|
5,287 |
|
734 |
|
|
|
|
|
|
|
|
|
Total current assets |
|
927,399 |
|
847,208 |
|
117,705 |
|
|
|
|
|
|
|
|
|
Restricted cash - non-current |
|
1,650 |
|
250 |
|
35 |
|
Property and equipment, net |
|
414,225 |
|
385,877 |
|
53,611 |
|
Intangible assets, net |
|
343,077 |
|
333,282 |
|
46,304 |
|
|
|
1,328,872 |
|
1,319,929 |
|
183,382 |
|
Long-term investments, net |
|
36,070 |
|
35,758 |
|
4,968 |
|
Prepayments for construction |
|
1,711 |
|
1,577 |
|
219 |
|
Deferred tax assets, net |
|
1,810 |
|
1,712 |
|
238 |
|
Ot her non-current assets, net |
|
15,249 |
|
15,322 |
|
2,129 |
|
Operating lease right-of-use |
|
1,549,447 |
|
1,479,290 |
|
205,523 |
|
|
|
|
|
|
|
|
|
Total non-current assets |
|
3,692,111 |
|
3,572,997 |
|
496,409 |
|
|
|
|
|
|
|
|
|
TOTAL ASSETS |
|
4,619,510 |
|
4,420,205 |
|
614,114 |
|
|
|
|
|
|
|
|
|
|||||||
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS-CONTINUED |
|||||||
(Amounts in thousands) |
|||||||
|
|||||||
|
|
As of |
|||||
|
|
|
|
|
|||
|
|
2023 |
|
2024 |
|||
|
|
RMB |
|
RMB |
|
USD |
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
Accounts payable |
|
105,193 |
|
93,705 |
|
13,019 |
|
Amounts due to related parties |
|
311,451 |
|
292,199 |
|
40,596 |
|
Accrued expenses and other |
|
279,690 |
|
218,821 |
|
30,402 |
|
Income tax payable |
|
99,367 |
|
97,089 |
|
13,489 |
|
Contract liabilities - current |
|
541,683 |
|
454,196 |
|
63,103 |
|
Refund liabilities - current |
|
17,572 |
|
17,652 |
|
2,452 |
|
Operating lease liabilities
- |
|
125,447 |
|
127,963 |
|
17,778 |
|
|
|
|
|
|
|
|
|
Total current liabilities |
|
1,480,403 |
|
1,301,625 |
|
180,839 |
|
|
|
|
|
|
|
|
|
Non-current contract liabilities |
|
2,116 |
|
2,726 |
|
379 |
|
Deferred tax liabilities, net |
|
42,093 |
|
40,960 |
|
5,691 |
|
Operating lease liabilities - non |
|
1,523,242 |
|
1,460,054 |
|
202,850 |
|
|
|
|
|
|
|
|
|
Total non-current liabilities |
|
1,567,451 |
|
1,503,740 |
|
208,920 |
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES |
|
3,047,854 |
|
2,805,365 |
|
389,759 |
|
|
|
|
|
|
|
|
|
|
|||||||
EQUITY |
|
|
|
|
|
|
|
Share capital |
|
8 |
|
8 |
|
1 |
|
Additional paid-in capital |
|
1,697,370 |
|
1,698,990 |
|
236,046 |
|
Statutory reserves |
|
20,155 |
|
20,418 |
|
2,837 |
|
Accumulated other |
|
172,230 |
|
160,790 |
|
22,339 |
|
Accumulated deficit |
|
(473,154) |
|
(415,763) |
|
(57,763) |
|
|
|
|
|
|
|
|
|
Shareholders' equity |
|
1,416,609 |
|
1,464,443 |
|
203,460 |
|
Non-controlling interests |
|
155,047 |
|
150,397 |
|
20,895 |
|
|
|
|
|
|
|
|
|
TOTAL EQUITY |
|
1,571,656 |
|
1,614,840 |
|
224,355 |
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND EQUITY |
|
4,619,510 |
|
4,420,205 |
|
614,114 |
|
|
|
|
|
|
|
|
|
|||||||||||
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS |
|||||||||||
(Amounts in thousands, except for shares and per share data) |
|||||||||||
|
|||||||||||
|
|
|
|
||||||||
|
Three Months Ended February 29/28 |
|
Six Months Ended February 29/28 |
||||||||
|
2023 |
|
2024 |
|
2023 |
|
2024 |
||||
|
RMB |
|
RMB |
|
USD |
|
RMB |
|
RMB |
|
USD |
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
445,071 |
|
521,446 |
|
72,446 |
|
977,531 |
|
1,094,182 |
|
152,018 |
Cost of revenue |
(329,719) |
|
(359,769) |
|
(49,984) |
|
(682,349) |
|
(729,067) |
|
(101,292) |
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit |
115,352 |
|
161,677 |
|
22,462 |
|
295,182 |
|
365,115 |
|
50,726 |
Selling, general and administrative expenses |
(155,870) |
|
(146,767) |
|
(20,391) |
|
(295,714) |
|
(284,746) |
|
(39,561) |
Other operating income |
1,251 |
|
2,347 |
|
326 |
|
26,182 |
|
11,402 |
|
1,584 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating (loss)/income |
(39,267) |
|
17,257 |
|
2,397 |
|
25,650 |
|
91,771 |
|
12,749 |
Interest expense, net |
(1,969) |
|
(2,821) |
|
(392) |
|
(5,728) |
|
(2,435) |
|
(338) |
Investment (loss)/income |
- |
|
(517) |
|
(72) |
|
(1,463) |
|
478 |
|
66 |
Other expenses |
(6,935) |
|
(2,194) |
|
(305) |
|
(2,753) |
|
(3,390) |
|
(471) |
|
|
|
|
|
|
|
|
|
|
|
|
(loss)/income
before income taxes and share of |
(48,171) |
|
11,725 |
|
1,628 |
|
15,706 |
|
86,424 |
|
12,006 |
Income tax expense |
(2,496) |
|
(8,773) |
|
(1,219) |
|
(24,166) |
|
(24,445) |
|
(3,396) |
Share of equity in (loss)/profit of unconsolidated affiliates |
(165) |
|
(59) |
|
(8) |
|
(348) |
|
124 |
|
17 |
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss)/ income |
(50,832) |
|
2,893 |
|
401 |
|
(8,808) |
|
62,103 |
|
8,627 |
|
|
|
|
|
|
|
|
|
|
|
|
Net
(loss)/
income attributable to non-controlling |
(469) |
|
(69) |
|
(10) |
|
3,623 |
|
4,449 |
|
618 |
|
|
|
|
|
|
|
|
|
|
|
|
Net
(loss)/
income
attributable to ordinary |
(50,363) |
|
2,962 |
|
411 |
|
(12,431) |
|
57,654 |
|
8,009 |
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss)/ income per share attributable to |
|
|
|
|
|
|
|
|
|
|
|
ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
— Basic |
(0.42) |
|
0.02 |
|
0.00 |
|
(0.10) |
|
0.49 |
|
0.07 |
— Diluted |
(0.42) |
|
0.02 |
|
0.00 |
|
(0.10) |
|
0.49 |
|
0.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares used in |
|
|
|
|
|
|
|
|
|
|
|
calculating net (loss)/ income per ordinary share: |
|
|
|
|
|
|
|
|
|
|
|
— Basic |
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
— Diluted |
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
|
|
|
|
|
|
|
|
|
|
|
Net (loss)/ income per ADS |
|
|
|
|
|
|
|
|
|
|
|
— Basic |
(1.68) |
|
0.08 |
|
0.01 |
|
(0.40) |
|
1.96 |
|
0.28 |
— Diluted |
(1.68) |
|
0.08 |
|
0.01 |
|
(0.40) |
|
1.96 |
|
0.28 |
|
|||||||||||
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |
|||||||||||
(Amounts in thousands) |
|||||||||||
|
|||||||||||
|
Three Months Ended February 29/28 |
|
Six Months Ended February 29/28 |
||||||||
|
2023 |
|
2024 |
|
2023 |
|
2024 |
||||
|
RMB |
|
RMB |
|
USD |
|
RMB |
|
RMB |
|
USD |
|
|
|
|
|
|
|
|
|
|
|
|
Net cash generated from/(used in) operating activities |
50,203 |
|
(49,967) |
|
(6,942) |
|
23,536 |
|
(73,646) |
|
(10,232) |
|
|
|
|
|
|
|
|
|
|
|
|
Net cash generated from/(used in) investing activities |
(28,293) |
|
36,733 |
|
5,103 |
|
(11,956) |
|
19,048 |
|
2,646 |
|
|
|
|
|
|
|
|
|
|
|
|
Net cash used in financing activities |
(43,808) |
|
(11,048) |
|
(1,535) |
|
(49,142) |
|
(12,935) |
|
(1,797) |
|
|
|
|
|
|
|
|
|
|
|
|
Effect of exchange rate changes on cash and cash |
(5,656) |
|
(408) |
|
(57) |
|
7,742 |
|
(2,843) |
|
(395) |
|
|
|
|
|
|
|
|
|
|
|
|
Net change in cash and cash equivalents, |
|
|
|
|
|
|
|
|
|
|
|
and restricted cash |
(27,554) |
|
(24,690) |
|
(3,431) |
|
(29,820) |
|
(70,376) |
|
(9,778) |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents, and restricted cash |
|
|
|
|
|
|
|
|
|
|
|
at beginning of the period |
855,518 |
|
521,550 |
|
72,461 |
|
857,784 |
|
567,236 |
|
78,808 |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents, and restricted cash |
|
|
|
|
|
|
|
|
|
|
|
at end of the period |
827,964 |
|
496,860 |
|
69,030 |
|
827,964 |
|
496,860 |
|
69,030 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
Reconciliations of GAAP and Non-GAAP Results |
|||||||||||
(Amounts in thousands, except for shares and per share data) |
|||||||||||
|
|||||||||||
|
Three Months Ended February 29/28 |
|
Six Months Ended February 29/28 |
||||||||
|
2023 |
|
2024 |
|
2023 |
|
2024 |
||||
|
RMB |
|
RMB |
|
USD |
|
RMB |
|
RMB |
|
USD |
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit |
115,352 |
|
161,677 |
|
22,462 |
|
295,182 |
|
365,115 |
|
50,726 |
Add: Amortization of intangible assets |
3,834 |
|
3,194 |
|
444 |
|
7,632 |
|
6,516 |
|
905 |
Adjusted gross profit |
119,186 |
|
164,871 |
|
22,906 |
|
302,814 |
|
371,631 |
|
51,631 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating ( loss)/ income |
(39,267) |
|
17,257 |
|
2,397 |
|
25,650 |
|
91,771 |
|
12,749 |
Add: Share-based compensation expenses |
- |
|
1,620 |
|
225 |
|
- |
|
1,620 |
|
225 |
Add: Amortization of intangible assets |
3,834 |
|
3,194 |
|
444 |
|
7,632 |
|
6,516 |
|
905 |
Adjusted operating ( loss)/ income |
(35,433) |
|
22,071 |
|
3,066 |
|
33,282 |
|
99,907 |
|
13,879 |
|
|
|
|
|
|
|
|
|
|
|
|
Net ( loss)/ income |
(50,832) |
|
2,893 |
|
401 |
|
(8,808) |
|
62,103 |
|
8,627 |
Add: Share-based compensation expenses |
- |
|
1,620 |
|
225 |
|
- |
|
1,620 |
|
225 |
Add: Amortization of intangible assets |
3,834 |
|
3,194 |
|
444 |
|
7,632 |
|
6,516 |
|
905 |
Add: Tax effect of amortization of intangible |
(787) |
|
(651) |
|
(90) |
|
(1,564) |
|
(1,320) |
|
(183) |
Adjusted net ( loss)/ income |
(47,785) |
|
7,056 |
|
980 |
|
(2,740) |
|
68,919 |
|
9,574 |
|
|
|
|
|
|
|
|
|
|
|
|
Net
(
loss)/
income attributable to ordinary |
(50,363) |
|
2,962 |
|
411 |
|
(12,431) |
|
57,654 |
|
8,009 |
Add: Share-based compensation expenses |
- |
|
1,620 |
|
225 |
|
- |
|
1,620 |
|
225 |
Add: Amortization of intangible assets |
3,834 |
|
3,194 |
|
444 |
|
7,632 |
|
6,516 |
|
905 |
Add: Tax effect of amortization of intangible |
(787) |
|
(651) |
|
(90) |
|
(1,564) |
|
(1,320) |
|
(183) |
Adjusted net
(
loss)/
income attributable to |
(47,316) |
|
7,125 |
|
990 |
|
(6,363) |
|
64,470 |
|
8,956 |
|
|
|
|
|
|
|
|
|
|
|
|
Net ( loss)/ income |
(50,832) |
|
2,893 |
|
401 |
|
(8,808) |
|
62,103 |
|
8,627 |
Add: Interest expense , net |
1,969 |
|
2,821 |
|
392 |
|
5,728 |
|
2,435 |
|
338 |
Add: Income tax expense |
2,496 |
|
8,773 |
|
1,219 |
|
24,166 |
|
24,445 |
|
3,396 |
Add: Depreciation and amortization |
19,777 |
|
17,624 |
|
2,449 |
|
42,376 |
|
33,917 |
|
4,712 |
Add: Share-based compensation expenses |
- |
|
1,620 |
|
225 |
|
- |
|
1,620 |
|
225 |
Adjusted EBITDA |
(26,590) |
|
33,731 |
|
4,686 |
|
63,462 |
|
124,520 |
|
17,298 |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares used |
|
|
|
|
|
|
|
|
|
|
|
in calculating adjusted net
(loss)/
income per |
|
|
|
|
|
|
|
|
|
|
|
— Basic and Diluted |
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
118,669,795 |
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted net
(loss)/
income per share |
|
|
|
|
|
|
|
|
|
|
|
to ordinary shareholders |
|
|
|
|
|
|
|
|
|
|
|
— Basic |
(0.40) |
|
0.06 |
|
0.01 |
|
(0.05) |
|
0.54 |
|
0.08 |
— Diluted |
(0.40) |
|
0.06 |
|
0.01 |
|
(0.05) |
|
0.54 |
|
0.08 |
Adjusted net (loss)/ income per ADS |
|
|
|
|
|
|
|
|
|
|
|
— Basic |
(1.60) |
|
0.24 |
|
0.04 |
|
(0.20) |
|
2.16 |
|
0.32 |
— Diluted |
(1.60) |
|
0.24 |
|
0.04 |
|
(0.20) |
|
2.16 |
|
0.32 |
View original content:https://www.prnewswire.com/news-releases/bright-scholar-announces-unaudited-financial-results-for-the-second-quarter-of-fiscal-2024-302122007.html
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