New Oriental Education & Technology

NYSE EDU

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New Oriental Education & Technology Net Income for the quarter ending February 29, 2024: USD 87.17 M

New Oriental Education & Technology Net Income is USD 87.17 M for the quarter ending February 29, 2024, a 6.76% change year over year. Net Income is the profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • New Oriental Education & Technology Net Income for the quarter ending February 28, 2023 was USD 81.65 M, a 166.68% change year over year.
  • New Oriental Education & Technology Net Income for the quarter ending February 28, 2022 was USD -122.44 M, a -180.91% change year over year.
  • New Oriental Education & Technology Net Income for the quarter ending February 28, 2021 was USD 151.33 M, a 9.88% change year over year.
  • New Oriental Education & Technology Net Income for the quarter ending February 29, 2020 was USD 137.72 M, a 41.38% change year over year.
NYSE: EDU

New Oriental Education & Technology

CEO Mr. Minhong Yu
IPO Date Sept. 7, 2006
Location China
Headquarters No. 6 Hai Dian Zhong Street, Beijing, China, 100080
Employees 50,438
Sector Consumer Defensive
Industry Education & training services
Description

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

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StockViz Staff

September 16, 2024

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