Wah Fu Education Group Ltd. Announces Financial Results for the First Half of Fiscal Year 2020
Wah Fu Education Group Limited - Ordinary Shares (WAFU)
Company Research
Source: GlobeNewswire
BEIJING, March 06, 2020 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2019. Financial Highlights for the Six Months Ended September 30, 2019 For the Six Months Ended September 30, ($’000, except per share data) 2019 2018 % Change Revenue $2,500 $2,896 -13.7%Gross profit $986 $1,839 -46.4%Gross margin 39.4% 63.5% -24.1 pp
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