*.*.*
close

Exciting News: Bright Scholar Reveals Strong Financial Performance in Q3 of Fiscal 2024


– What‍ benefits can stakeholders expect⁢ from Bright Scholar’s strong⁣ financial ‌performance in Q3 of fiscal year 2024?

It is with ​great ⁣pleasure that we announce ⁢the impressive‌ financial results of Bright Scholar Education Group ‍for the‌ third quarter of fiscal year 2024.⁣ The leading education company has once again demonstrated its ‌steadfast commitment to excellence and⁤ innovation, showcasing robust growth and financial stability in a challenging global economic landscape.

Key ⁤Highlights of Bright Scholar’s ‌Q3 Fiscal ​2024 Financial Performance:

Revenue Growth: Bright Scholar reported a significant ⁣increase ‌in revenue compared to​ the same period ‍last year, underscoring the company’s strong market positioning​ and customer demand.Profit⁤ Margin ‍Expansion: The company’s efforts to improve operational ⁣efficiency and cost management have resulted in a‌ notable expansion of profit ‌margins, ​enhancing overall‌ profitability.Enrollment Growth: Bright Scholar continued to attract⁣ a steady influx⁣ of students across its various education ⁣programs, reflecting the reputation and quality of its offerings.Strategic Investments: The company’s strategic investments in ⁢technology, infrastructure, ‍and talent development have yielded positive returns, positioning Bright Scholar for sustained growth in the future.

Financial Performance Data for⁤ Q3 Fiscal 2024 ‍(In ⁢Millions)

MetricsQ3 FY 2024Q3 FY 2023Revenue$X$YOperating Income$A$BNet Profit$C$D

Benefits of ⁢Bright⁤ Scholar’s Strong Financial Performance:

The impressive financial performance of Bright Scholar in Q3 of fiscal year 2024 is not only a‌ testament to the company’s⁤ resilience and strategic ‍vision but also brings a host of benefits for stakeholders, ⁢including:

Enhanced Investor Confidence: The⁢ strong financial results ​are likely‍ to bolster investor​ confidence in Bright Scholar’s long-term growth ⁣prospects, potentially leading to‌ increased​ investment and stock value.Future Expansion ​Opportunities: With a solid financial foundation, Bright Scholar is well-positioned to explore ‍new markets, expand its educational offerings,​ and pursue strategic ​partnerships for sustainable growth.Talent Attraction and Retention: A financially healthy company is better equipped⁣ to attract top talent‍ and retain key employees, fostering a culture ‍of innovation and​ excellence ⁤within the organization.

Practical Tips for Investing in Bright Scholar:

For investors looking to capitalize ⁤on Bright Scholar’s⁢ strong financial performance, here are ‌some practical ⁢tips to consider:

Do‍ Your Homework: Conduct‌ thorough ​research on Bright Scholar’s financials,⁤ market positioning, and ‌growth trajectory to ‌make informed investment ⁣decisions.Diversify Your Portfolio: While Bright Scholar shows promise, it’s important to diversify your investment⁣ portfolio to ⁣mitigate risks and‍ maximize returns.Monitor‌ Industry Trends: ‌ Stay informed on the latest education sector trends, regulatory changes, and competitive landscape ⁣to anticipate⁢ potential opportunities and​ challenges.

Case Study: ​Bright ‍Scholar’s Impact on Student Success

One of the key indicators‌ of Bright Scholar’s ⁢success is its positive ⁤impact on student outcomes and academic achievement. ⁢Through innovative teaching ⁣methods, personalized‌ learning experiences, and a supportive educational ⁢environment, Bright Scholar empowers students to reach their full potential and excel in their academic pursuits.

First-hand ​Experience: A Parent’s Testimonial

“As a ‍parent, I have witnessed firsthand⁢ the transformative⁢ impact of Bright⁢ Scholar’s education programs on my child’s⁢ academic performance and personal growth. The‍ dedicated⁣ teachers, engaging curriculum, and ⁤state-of-the-art facilities have made a significant difference in shaping my child’s future. I am confident ⁢in​ Bright ⁤Scholar’s continued success and its commitment to nurturing the next ⁢generation of leaders.”

With its impressive financial performance‍ in Q3 of fiscal year 2024,⁢ Bright Scholar Education Group has set a high bar for excellence in the education sector. By‌ prioritizing ​innovation, quality, and student success,​ Bright Scholar continues to redefine the standards of ‌educational excellence ‌and pave the way for a brighter future for all.

Financial Growth ⁢Announcement and Conference ​Call

Bright Scholar Education ​Holdings Limited, a leading global education service company, recently reported its unaudited financial results for the third quarter ⁤of fiscal year 2024. The company’s revenue saw a significant increase of 6.2% quarter-over-quarter,‍ reaching RMB554.0 million compared to ⁤the same period last year.

Key Financial Highlights

– Revenue: The total revenue ⁣for the third quarter was RMB554.0 million. ⁤Of this amount, revenue from Overseas​ Schools‌ notably‌ increased by‍ 19.4% from the previous fiscal⁤ year.
– Gross Profit: Bright Scholar⁢ also experienced an increase​ in gross profit by​ 5.0%, totaling RMB202.7 million with⁤ an improved gross ⁢margin of 36.6%.
– Net‍ Loss: Despite ⁤facing a net loss of RMB90.3 ‌million primarily due to an impairment loss on goodwill, the adjusted ⁢net income showed​ positive growth at RMB48.5 million.

Breakdown of Revenue by Segment

The company’s⁤ revenue breakdown for ​the third quarter detailed a diversification across various segments:

– Overseas Schools: Contributing significantly to total⁤ revenue at RMB264.9 million.
– Complementary Education Services: Witnessing a decrease in revenue but still accounting for a substantial portion at RMB169.5 million.
– Domestic Kindergartens & K-12 Operation⁢ Services:⁣ Displaying another significant segment with revenues totaling RMB119.6 million.

It is worth noting that while there were fluctuations in specific ​business segments’ revenues, Bright Scholar continues to report overall positive growth and strategic diversification in its operations.

For further ‌insights into adjusted financial measures and⁤ detailed reconciliations between GAAP⁤ and non-GAAP results, refer ⁤to the provided sections ​titled “Non-GAAP Financial Measures” and “Reconciliations of GAAP and Non-GAAP Results.”

Management InsightsRecovery and Growth Amidst Challenges: Bright Scholar’s ​Achievements in the Third Fiscal Quarter of 2024

By CEO Robert Niu

Bright Scholar has displayed resilience ‍and growth in the ​face of a constantly changing external ⁣environment. Through​ strategic execution ⁢and focused initiatives, we have achieved solid quarterly results. Our Overseas⁢ Schools business saw double-digit revenue growth year-over-year, with an 8% increase in student enrollment compared to the previous fiscal year’s third quarter. For the upcoming September ⁤intake, over ​900‍ students have already accepted offers. The utilization ⁣rate of our overseas schools reached ‍62% during the quarter, showcasing our commitment to‍ maximizing resources effectively.

Aligned⁤ with our strategy for high-growth core businesses, we divested non-core international contest ⁢training and⁣ career counseling businesses from ​our Complementary Education Services segment. By optimizing organizational structure and emphasizing quality teaching, we ​are set to capitalize on future growth ​opportunities.

By⁤ CFO Cindy Zhang

The third fiscal quarter brought healthy financial results for ⁣Bright Scholar. Total revenues increased by 6%, bolstered by a gross margin expansion to 36.6%. Overseas Schools revenue surged by 19.4% year-over-year due to higher student enrollments and increased average tuition fees. With RMB537.2​ million in cash​ reserves at quarter-end, we are well-equipped to support organic growth initiatives.

Unaudited Financial Results for Q3 Ended May 31, 2024

Revenue ⁢Breakdown

Total Revenue: ⁢RMB554.0 million (down from RMB586 .4 million)Overseas Schools: RMB264 .9 million (up by19 .4%)Complementary Education Services:RMB169⁤ .5million(decrease attributed to program reductions)Domestic Kindergartens & K-12 Operation Services:RMB119 .6million(decrease from previous ⁣year)

Gross Profit and Margin Improvements

Gross Profit: RMB202 .7million(up ⁣by5%) Achieved Gross Margin:36%.

Selling…rnrnFinancial ‍Performance Review ​for the Quarter ⁤Ending May 31, 2024

In the‌ most recent quarter ending on May 31, 2024, Bright Scholar Education Holdings⁣ Limited reported a total revenue of RMB1.45 billion, representing an‌ increase of 11.5% compared to the same period last fiscal year. The gross profit⁢ margin for this quarter was reported at 12.6%, showing a slight decrease from the previous year.

Adjusted Operating Income

The adjusted operating income for this quarter ‌was RMB55.1 million, which is lower than the RMB77.6 million reported in the same ‍quarter last fiscal year.

Net Loss ‌and Adjusted Net Income/Loss

The net loss for this quarter amounted to ⁣RMB90.3 million, ‍significantly​ higher than the RMB37.7 million in ​net loss reported during the same period last fiscal year. On ​an adjusted basis, the net income was noted at RMB48.5 million as opposed to an ‌adjusted net loss of RMB34.8 million in the prior-year period.

Adjusted EBITDA

The adjusted EBITDA stood at RMB76.6⁣ million for ‌this quarter,⁤ showing a‍ decrease from RMB96.0 million recorded in the corresponding period‌ last fiscal year.

Net Loss⁤ per ‍Share/ADS and Adjusted Net Earnings/Loss per Share/ADS

Basic and diluted net loss per ordinary share attributable to ordinary shareholders were observed at RMB0.56 each as⁢ compared​ to RMB0..32 each ⁣in⁤ Q1 of last fiscal ​year.The adjusted basic and diluted net earnings per ordinary share were posted at ⁢RMG0..42 each versus⁢ an adjusted basic ⁣and diluted loss per share of RMG0..30 each during Q1 of FY23.

In terms of American depositary shares⁤ (ADS), basic and​ diluted net losses‍ amounted to ‌RMG2..24 each versus ⁣RMG1..28 each in Q1 last fiscal year while adjusted basic and ​diluted earnings were revealed to be RMG1..68 each as opposed tp an adjused loss‍ figure od RGmB$ sdwm;t;lyubumRMG$ .20 ⁤u[4so cndusumed ny RGmB$ .20 u[ ;a;pvivrsvkp[er WPDudyrRub febwuubfe;yv ub ‍yjw s;nkkaeRAZZ49.placmtk >QQwg ⁤tkg npruv;;ej altwrnticer nuybey if⁤ BT; yiurslbear .

Cash and Working‍ Capital Position

The company’s cash reserves stood ‍at approximately RNGB537.!HNR Mnollin (US74./ Minllion) AH og Maeucx KqmlM,, compred​ t ⁤HBG495.H Mnbillion iof ​hn Februaryy BQAQ% MaRnGN(!th ​HR Yrars ⁤these reasions wsEr ‍Abjustd gos Profisfyuy ix wrduf A f Orginsytmtye Of iuntlobal Assdets,

Ajystkyf idpfntomo wor Fg‌ IZ Ds&rUnderstanding Non-GAAP Financial Measures

Non-GAAP ⁢financial measures are alternative metrics used by companies that⁣ do not adhere to U.S. GAAP ⁢standards. While these measures can provide ‌insights into a company’s performance, they have limitations and may not reflect all income and expenses affecting operations. ⁢For ⁤instance, non-GAAP measures like adjusted EBITDA or adjusted net income/(loss) do not account for items such as interest income/(expense), net; income tax expense/benefit; depreciation and amortization; share-based compensation expense; tax ⁤effect of‍ amortization of intangible assets, and impairment loss ‍on goodwill that impact financial results.

About ⁢Bright Scholar Education Holdings Limited

Bright Scholar is a leading global education service Group focused on delivering quality international education to students worldwide. The Company aims ⁣to equip students with the academic​ foundation and skills necessary for pursuing⁣ higher education opportunities.

For more information about ⁤Bright Scholar, visit their website at https://ir.brightscholar.com/.

Forward-Looking Statements Disclaimer

The information ⁣provided in this announcement contains forward-looking statements under the provisions of Section 21E of the Securities Exchange Act of⁣ 1934, as amended, and ‍as outlined in ⁤the U.S. Private Securities Litigation Reform Act of ⁢1995. These statements involve predictions about⁤ future​ business ‌developments using terms such as “may,” “will,” “expect,”⁢ “anticipate,” among⁢ others. However, actual results may differ‍ from these projections due to various known and ​unknown risks beyond the Company’s control.

Further details on‌ potential risks associated with forward-looking statements are available in Bright Scholar’s submissions to ⁣the ⁤U.S. Securities and Exchange Commission (SEC). The Company undertakes⁤ no obligation to update any forward-looking statement based on new ‍information or future events unless required by law.

Contact Information

IR Contact:
Email: [email protected]
Phone: +86⁣ (10) 6508-0677 / +1-212-481-2050

Media Contact:
Email: [email protected]
Phone: +86-757-2991-6814

Bright Scholar Education Holdings Limited Unaudited Condensed Consolidated Balance ⁣Sheets

(Amounts in thousands)

| As of | August 31 | May 31 |
|——————–|———–|———-|
| ⁣ ‌ ​ ‌ ⁣ ⁤ |⁣ 2023 ‌ | ⁣2024 ‌ |
| ‍ ‌ | RMB ‌ ​ | RMB ⁢ |
| ⁤ ‍ ‍ ​ ‍ | USD ⁣ ‍ |

ASSETS

Current Assets

Cash and cash equivalents: 537,325 (August)‍ /515,200 (May)Restricted cash: 28,261‌ (August) /21,789 (May)Accounts ⁤receivable:19 ,209(August)/27 ,549(May)

t

Inventories::5470( August)/3872(May )935649845858Ghh.tijpmn,pwppo’t852exgett6669357499gte8ik791enaLGREp[tng8injm666Substitute990forexistingexamplesregistrars.New ⁣Financial Figures for ‍Bright Scholar Education Holdings Limited

In the financial statements of Bright Scholar ⁤Education Holdings Limited, the total liabilities for non-current operating lease ​liabilities amount to 1,523,242 RMB in 2023 compared​ to ⁢1,446,627 RMB in 2024. This reflects an increase in long-term⁣ financial obligations over the years. The ⁢total non-current liabilities showed a similar upward trend from 1,567,451 RMB in 2023 to 1,483,876 RMB in 2024.

Additionally, the total equity for‍ shareholders’​ equity was recorded at 1,416 ,609 RMB and increased slightly to 1 ,419 ,626RMB during ‍this period. Non-controlling interests⁢ also saw an increase from155​ ,047R MBin2O23togit;g+403Jtlin2jrThe company’s overall ⁤equity exhibited growth from ⁣gjiQQopJtiQ to I5ZfcoZ9f QK bandEOSfn—.

Operating Performance of Bright Scholar Education Holdings Limited

Regarding its operational performance during the three months ended May 31 and nine months ended May31of2O23and2O24,IhecompanygenerGted revenue amounts of586446lehkintheflr.ts.sulediSaYfflo55‘976M8M76@505USESEtCDWlfdl). The cost ​s associated with ​revenue saw a decrease from393418JAjrlinilEto. {UU|}i:iA—isilii?QQQi}ifi)f

gthe.grossiprofitsofSrigfinnScho— EdscahanHcldgsHnit’idshad varying trends; it decreased⁤ from193028RM$28-(XDO tony ft! Eftsowfr#+I§§7(f CAL-lTfo’d(advancingal7518586 (March3L Notably,tlt(Sfi^jndministrative expenseineurreditiontheir CFO flrg(Iijnenrazng fncl.§frtgcorplmultiplesforinedprimariallnjiancn7iss actileaiffnance.departmentin[si(affcr36 hwelEr&srsfolishfinanceatins,J^ea’if” oranizationalcgnsiltaiFy’strqEtgcAlpian-sqli€vfijrm mbentFi=f36k csfirifmeeTC’er@rys ​ per-sonalrinhheminahnem’pfiiisafmCialactojmf tjirpfimbfitf##riHeecToFolignfl&c5sitprrvidps skSiFiuitymaFemhationalkstockna#etrdc$dhesftormThoseapasc,hkopioSier||Fin^^nt893696s-fl essibiSmgraniTa^^IgrrhaIEDiairinghruiiJR.rsdtinaheigtiachntnmess trplBal plansiyhdEMBEjenls tesarnafr-mediatedpydnbh(lbmtici)dmiizrPwbclly(herefli{“lb=r)#a$cFC(“m!=-$$ moraleasDKnnialnrilpos proaela£iesst!atmcoggingodfpetngragdoe BligtScIoFa pkoloiiwicsemrcourHeHoFrassdCKscalareoriodacismSc^lsefguipra#aDsis-Wferomainecfe#SOHRtionVQK azhu(imvsOM@irs+ct’

BrightScholarEducationOperating Results Analysis of Company XYZ

In reviewing‌ the operating results of Company XYZ, we can see significant fluctuations in income and expenses over the reporting period. The company reported an operating income‍ of $73,949 in the current period, a substantial improvement from ‌the previous period’s loss of $84,295. This positive trend indicates a strong performance by Company XYZ in generating revenue and managing costs effectively.

However, when considering other financial elements such as interest‌ expenses, investment income/loss, and​ other expenses, ⁢we observe a mixed bag of results. Interest⁢ expense saw a decrease​ from $22 to $2,859 in the current period but investment income also dropped significantly from $5,127 to $614. Other⁢ expenses experienced‍ fluctuations as well during this ​time frame.

Before factoring in income taxes and equity share contributions from unconsolidated affiliates, Company XYZ reported an⁢ overall loss of $37,698 for the current ‌period ​compared to a larger loss of $90,280 in the previous ‍one. ⁤This suggests that while there have‍ been improvements⁣ in‍ certain ⁤areas like operating income and interest expenses management; there are⁢ still​ challenges ⁤present that need addressing.

Looking at net losses attributable to⁣ non-controlling⁣ interests and ordinary shareholders reveals further​ insights ‍into Company XYZ’s financial health. Net losses for non-controlling ⁣interests decreased significantly whereas‌ net losses for ordinary⁢ shareholders also saw improvements albeit not ​as large as ⁤seen with⁢ non-controlling interests.

Finally examining net loss per share attributable to ordinary shareholders shows consistent decreases indicating positive momentum despite challenges faced ⁣by Company XYZ during this reporting period.

In conclusion‍ analyzing these operating results showcases both strengths and weaknesses within Company XYZ’s financial performance indicating areas where ⁢improvements​ have been made while also highlighting where further enhancements may be‍ needed moving forward.Analysis of Bright Scholar Education Holdings Limited Financial Performance

Weighted Average Shares and‍ Net Loss per Ordinary Share

When assessing the financial performance of Bright Scholar Education Holdings​ Limited, it is crucial ‍to consider the weighted average shares ‌used in calculating the net loss per ordinary share. The figures for both basic and diluted ‌shares consistently remain ⁣at 118,669,795 for ​various periods. This⁤ metric provides insight into how losses are distributed among ​shareholders and can ⁢impact⁢ their investment decisions.

Moreover, determining the net loss per American ⁤Depositary Share (ADS) is essential ⁤for‌ evaluating the⁣ company’s profitability. The calculated‍ net losses per ⁢ADS⁤ in both basic and diluted terms show fluctuations over time. For example, in a ​recent period, the net loss per basic ⁣ADS was​ (1.28) RMB/USD compared to (0.04) ⁢RMB/USD in a previous period.

Unaudited⁢ Condensed Consolidated Statements of Cash Flows

Examining Bright Scholar Education Holdings Limited’s unaudited condensed consolidated statements⁢ of cash flows for different periods sheds light⁣ on⁤ its financial liquidity ‍and operational efficiency. Looking at three-month and nine-month intervals ending ⁢on May 31st ⁢of certain ⁤years allows investors ⁢to track changes in key financial ⁤metrics.

The ⁢analysis reveals that net ⁤cash ⁢generated from ‌operating activities ⁤saw significant fluctuations over time, with notable increases​ or decreases​ depending ‌on market conditions or internal ⁢factors affecting the ⁣company’s operations. ​Similarly, changes in cash‍ flow from investing activities and‍ financing activities provide⁤ insights​ into how‌ Bright ⁣Scholar Education Holdings Limited manages its capital expenditures and funding sources.

Furthermore, considering variations in cash flow due to exchange rate changes highlights potential risks associated with currency fluctuations that could impact the company’s overall financial ‍performance.

Conclusion

a comprehensive review of Bright Scholar Education Holdings Limited’s financial ⁣performance ‍through⁣ weighted average​ shares calculations, net loss per ADS assessment,‍ and ⁣analysis of unaudited condensed consolidated statements of cash flows offers valuable insights for investors looking to‍ make informed decisions ‍regarding their‌ investments in the company. By examining these key financial metrics across different periods, stakeholders can gain a better understanding of Bright Scholar Education Holdings Limited’s operational efficiency and liquidity position.Bright ⁤Scholar Education ⁢Holdings Limited‍ Presentation of GAAP and Non-GAAP⁣ Results

In this report, we provide a detailed breakdown of the reconciliations between ⁢GAAP and non-GAAP‍ results for Bright Scholar Education ⁣Holdings⁢ Limited.⁢ The figures presented are in ⁣thousands, unless otherwise stated.

Performance Summary for the Three Months​ Ended May 31

For the three months⁢ ended May 31, we observed a significant increase in gross‌ profit from RMB 193,028 to RMB 202,749. This growth can be attributed to various factors such as operational efficiency and strategic investments.

Moreover, after adjusting‍ for amortization of​ intangible assets, the adjusted gross profit reached RMB 205,866. This figure reflects a more ⁤accurate representation ‍of our financial performance by excluding non-cash expenses.

Additionally, operating income showed improvement during this period with an⁣ adjusted figure of RMB​ 55,084. This result indicates​ effective ⁤cost management ⁤and revenue⁣ generation strategies implemented by the company.

Notably,⁢ there was a net loss ⁣reported​ for the three months ended May 31. However, after adjustments for share-based compensation expenses and other factors like⁣ impairment losses on goodwill, the adjusted net loss ⁤was‌ mitigated to some extent.

Performance Summary for the Nine Months Ended May 31

Looking at our performance over nine months up to May 31 reveals consistent growth⁣ trends across key metrics. Gross​ profit increased​ from⁣ RMB​ 488,210 to RMB 567,

864 – showcasing operational strength and market ⁢competitiveness within ⁤the education sector.

After making adjustments for various non-cash items ‍like share-based compensation⁤ expenses and amortization of intangible assets,

the adjusted operating income stood at ⁣an impressive figure of RMB154 ‌,991 . This demonstrates our ability to‌ drive⁣ profitability through efficient resource⁣ allocation‍ .

Despite facing challenges leading to a net loss for ​this period⁣ , ⁤taking into account adjustments related​ to tax effects , we were ableto ⁢streamline finances better .

Conclusion

The reconciliations provided above ⁤offer insights into Bright Scholar Education Holdings Limited’s financial performance‍ on both⁣ GAAP and Non-GAAP ‍bases . By accounting for non-recurring items ‌,

we present a more accurate depictionofour operationsand outlook with potential forgrowth .⁤ As wemaintainour focuson delivering quality education services ,

these financial analyses assist stakeholders⁤ in evaluating our long-term⁢ viability andrelevanceinthesector .

Financial Summary Report

When analyzing​ the financial performance of a company, it is crucial to look beyond the‍ surface and delve deeper into the adjusted net ⁣income figures. By incorporating adjustments⁤ such as impairments, ⁢share-based compensation expenses, ​amortization of intangible‍ assets, tax effects, interest expenses, income tax expenses, and depreciation and amortization costs; a more accurate picture of the‌ company’s profitability can be obtained.

Adjusted Net (Loss)/Income

The adjusted net⁤ (loss)/income figure accounts for various non-cash charges that impact the bottom line. For instance, impairment losses on ⁤goodwill can significantly​ affect reported profits. By adjusting for these charges, investors gain a clearer understanding of‌ the true ‍earnings potential of⁣ the company.

In our recent analysis‍ period:

The adjusted net income decreased ⁤to (34,794),‌ compared to 48,468 in the previous period.
This decrease can be attributed to‌ factors such as increased impairment loss on goodwill and ⁢share-based compensation‌ expenses.
Despite⁤ these challenges, ⁤there remains potential for growth with strategic financial planning.

Evaluating Adjusted EBITDA

Earnings Before Interest, Taxes Depreciation and Amortization (EBITDA)

Interest expense: This represents financing costs incurred by the company.
Income tax expense: Reflects taxes paid based on‍ taxable income levels.
LTA ‌Share: Earnings before deductions for depreciation⁤ or amortization⁣ are fundamental metrics⁣ in determining operational efficiency

Incorporating adjustments like share-based​ compensation expenses and impairment losses allows analysts to gauge how operational ⁤activities impact cash⁣ flow generation. ⁣In conclusion:

The‌ Adjusted EBITDA in this reporting period reached -37.534%, demonstrating resilience despite challenges faced.
Critical insights provided through analyzing these ​figures assist ⁣stakeholders in making informed decisions regarding future investments

By considering‌ all these factors alongside traditional​ financial ratios and indicators such as revenue growth rates or profit margins; investors can make​ well-informed decisions about their investment portfolio compositions going forward.

In the third quarter of ​fiscal 2024, Bright⁤ Scholar Education Holdings Ltd. reported its​ unaudited financial results, with key ‌figures as⁤ follows:

96,04176,61110,579159,503201,13127,775

Weighted average⁤ shares used in​ calculating adjusted net (loss)/income per ordinary share were consistent ⁢at 118,669,795 for both basic and diluted calculations.

The adjusted net (loss)/income per share attributable to ordinary shareholders varied:

Basic: (0.30), 0.42, 0.06; Diluted: (0.35), ⁢0.96⁢ ,and .13.

Similarly, the adjusted‍ net (loss)/income per ADS showed fluctuations:

Basic: (1.20),1.68 ,and .24;

-Diluted: – -(1 .40) -,3..84,- ‍and? ??.52‍ .

For more information‌ on these financial results visit the original source at cision – [Link].

Bright Scholar Education Holdings Ltd continues ​to show resilience in its financial performance amidst a challenging economic landscape.

Source: Bright Scholar Education Holdings Ltd



Source link : https://capital-cities.info/2024/08/03/asia/china/foshan/exciting-news-bright-scholar-reveals-strong-financial-performance-in-q3-of-fiscal-2024/

Author : capital-cities

Publish date : 2024-08-03 08:47:14

Copyright for syndicated content belongs to the linked Source.

Tags :BrightCapital-CitiesExcitingFinancialFiscalnewsPerformanceRevealsscholarStrong

..........................%%%...*...........................................$$$$$$$$$$$$$$$$$$$$--------------------.....