First High-School Education Group Announces First Half 2022 Unaudited Financial Results
BEIJING, Sept. 8, 2022 /PRNewswire/ -- First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), an education service provider primarily focusing on high schools in Western China, today announced its unaudited financial results for the six months ended June 30, 2022.
- -- First Half Revenues of RMB211.4 million, up 20.9% year-over-year
--First Half Net Income of RMB42.7 million, compared to last year's net loss
-- First Half Adjusted Net Income of RMB42.7million, up 282.1% year-over-year
BEIJING, Sept. 8, 2022 /PRNewswire/ -- First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), an education service provider primarily focusing on high schools in Western China, today announced its unaudited financial results for the six months ended June 30, 2022. - Total revenues were RMB211.4 million (US$31.6 million), an increase of 20.9% from RMB174.8 million in the first half of 2021.
- Gross profit was RMB90.0 million (US$13.4 million), an increase of 32.6% from RMB67.9 million in the first half of 2021.
- Mr. Tommy Zhou, Chief Financial Officer of First High-School Education Group, commented:
The second quarter of 2022 continues the positive trend we have already set forth.