Sunlands Technology Group Reveals Retreat In Q4 Profit

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

by RTTNews Staff Writer

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