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New Oriental (EDU.US) Slips 10% Pre-Mkt; 4FQ NP Dives 73.7% YoY
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NEW ORIENTAL-S (09901.HK)(EDU.US), after announcing its financial results, saw its stock price slip 10.2% in pre-market trading on the US stock market, last at US$41.98. For 4FQ, the company's net revenue climbed 9.4% YoY to US$1.243 billion, but net profit plummeted by 73.7% YoY to US$7.1 million. The quarterly Non-GAAP net profit was US$98.083 million, marking a YoY leap of 59.4%. AASTOCKS Financial News Website: www.aastocks.com |
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