OneSmart International Education Group Limited Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year Ended August 31, 2019
OneSmart International Education Group Limited ADS (ONE)
Company Research
Source: PR Newswire
Quarterly results:New Students Increased by 60.2% Year-over-YearAverage Monthly Enrollments1 Increased by 29.5% Year-over-YearNet Revenues Increased by 40.4% Year-over-YearConsumed Class Units Increased by 45.9% Year-over-YearFull year results:New Students Increased by 41.3% Year-over-YearAverage Monthly Enrollments1 Increased by 41.2% Year-over-Year Net Revenues Increased by 39.5% Year-over-YearConsumed Class Units Increased by 43.3% Year-over-Year SHANGHAI, Nov. 13, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 after-school education service provider in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended August 31, 2019.Highlights for the Fourth Fiscal Quarter Ended August 31, 2019Net revenues increased by 40.4% year-over-year to RMB 1,311.1 million (US$183.3 million) Net revenues from OneSmart VIP business increased by 34.8% year-over-year
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