Implementation Rule

First High-School Education Group Announces Unaudited Financial Results for the Nine Months Ended September 30, 2022

Retrieved on: 
Wednesday, November 2, 2022
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BEIJING, Nov. 2, 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 nine months ended September 30, 2022.

Key Points: 
  • -- Revenues of RMB274.2 million for the Nine Months Ended September 30, 2022, up 0.5% year-over-year
    --Net Income of RMB51.0 million for the Nine Months Ended September 30, 2022, up 95.3% year-over-year
    BEIJING, Nov. 2, 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 nine months ended September 30, 2022.
  • Financial Highlights for the Nine Months Ended September 30, 2022 Continuing Operations
    Total revenues were RMB274.2 million (US$38.5 million), an increase of 0.5% from RMB272.7 million for the nine months ended September 30, 2021.
  • Gross profit was RMB124.7 million (US$17.5 million), an increase of 28.1% from RMB97.3 million for the nine months ended September 30, 2021.
  • Financial Results for the Nine Months Ended September 30, 2022 Continuing Operations
    Total revenueswere RMB274.2 million (US$38.5 million), an increase of 0.5% from RMB272.7 million for the nine months ended September 30, 2021.

First High-School Education Group Announces First Half 2022 Unaudited Financial Results

Retrieved on: 
Thursday, September 8, 2022
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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.

Key Points: 
  • -- 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.

First High-School Education Group Announces First Quarter 2022 Unaudited Financial Results

Retrieved on: 
Tuesday, May 17, 2022
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BEIJING, May 17, 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 first quarter ended March 31, 2022.

Key Points: 
  • -- First Quarter Revenues of RMB89.3 million, up 14.2% year-over-year
    --First Quarter Net Income of RMB19.6 million, up 264.4% year-over-year
    BEIJING, May 17, 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 first quarter ended March 31, 2022.
  • Total revenues were RMB89.3 million (US$14.1 million), an increase of 14.2% from RMB78.2 million in the first quarter of 2021.
  • Mr. Tommy Zhou, Chief Financial Officer of First High-School Education Group, commented:
    May 2022 had been a busy month for the Company.
  • For our first quarter 2022 unaudited financial results, it signals a distinctly improved trend compared to the same period of 2021.

First High-School Education Group Announces Fiscal Year 2021 Unaudited Financial Results

Retrieved on: 
Wednesday, April 13, 2022
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BEIJING, April 13, 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 fiscal year ended December 31, 2021.

Key Points: 
  • Mr. Tommy Zhou, Chief Financial Officer of First High-School Education Group, commented:
    In 2021, under high market uncertainty and changing regulatory environment, First High-School Education Group achieved stable and high-quality development.
  • First, the Company expects to have all the school programs currently in operation yielding improved financial results compared with last year.
  • Third, the Company plans to further extend its service offerings to fully cover the entire educational system, primarily comprising of rendering education auxiliary materials, education human resources, education logistic and boarding services, and education technology.
  • The discontinued operations of the Affected Entities had certain impact on the Company's financial conditions for the year ended December 31, 2021.

Bright Scholar to Delay Earnings Announcement of Fourth Fiscal Quarter of FY2021

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Thursday, November 4, 2021
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FOSHAN, China, Nov. 4, 2021 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company" or "its") (NYSE: BEDU), a global premier education service company, announced today that it will delay its earnings release for the fiscal quarter ended August 31, 2021 and the conference call.

Key Points: 
  • FOSHAN, China, Nov. 4, 2021 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company" or "its") (NYSE: BEDU), a global premier education service company, announced today that it will delay its earnings release for the fiscal quarter ended August 31, 2021 and the conference call.
  • Additionally, the Implementation Rules prohibit private schools providing compulsory education from conducting transactions with the related parties.
  • Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China.
  • 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 U.S.

First High-School Education Group Announces First Half 2021 Unaudited Financial Results

Retrieved on: 
Tuesday, September 28, 2021
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BEIJING, Sept. 28, 2021 /PRNewswire/ -- First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), the largest operator of private high schools in Western China and the third largest operator in China[1], today announced its unaudited financial results for the six months ended June 30, 2021.

Key Points: 
  • BEIJING, Sept. 28, 2021 /PRNewswire/ -- First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), the largest operator of private high schools in Western China and the third largest operator in China[1], today announced its unaudited financial results for the six months ended June 30, 2021.
  • In May 2021, the Company acquired the majority stake of a company providing live AI online teaching services in Beijing.
  • In mid-September 2021, the Company announced a strategic partnership aiming to jointly raise an education growth fund focusing on the Company's school expansion.
  • [1]In terms of student enrollment as of September 1, 2021, according to an industry report commissioned by First High-School Education Group and prepared by China Insights Industry Consultancy Limited.