TAL's Q3 revenue exceeded USD 862 million, a year-on-year growth of 47.2%, exceeding market expectations
Non-gaap net profit for the quarter was CNY 28.18 million, down 77.2% from the same period last year, compared with the 118.7% decline in the previous period. The revenue growth of TAL mainly came from the growth of the number of students for its regular price class, which increased by 66% compared with the same period last year. In addition, the operating income of non-gaap increased by 3.0% year on year, reversing the negative growth of the previous period.
Source: The above information is fromGuotai Junan Securities, with source link: www.gtja.com. Please contact this company if full report is needed.