Sunlands Technology Group (STG) reported earnings for fourth quarter that decreased from the same period last year
The company's earnings came in at RMB57.80 million, or RMB8.55 per share. This compares with RMB155.20 million, or RMB22.59 per share, last year.
The company's revenue for the period fell 10.8% to RMB483.47 million from RMB541.72 million last year.
Sunlands Technology Group earnings at a glance (GAAP) :
-Earnings: RMB57.80 Mln. vs. RMB155.20 Mln. last year.-EPS: RMB8.55 vs. RMB22.59 last year.-Revenue: RMB483.47 Mln vs. RMB541.72 Mln last year.
-Guidance:Next quarter revenue guidance: RMB470 - RMB490 Mln
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.