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FIRST HIGH-SCHOOL ED ADR - $FHSEY STOCK NEWS

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Rhea-AI Summary
First High-School Education Group announced its unaudited financial results for fiscal year 2023, reporting a decrease in total revenues, gross profit, and net income. The company saw growth in the number of students enrolled and school programs managed. Despite facing challenges in revenue collection and asset impairment losses, the company aims to focus on providing high-quality education services through school management services. The impact of the Implementation Rules for Private Education Laws affected the company's control over affiliated entities providing compulsory education, leading to a net loss from discontinued operations. The company plans to monitor and comply with applicable regulations while exploring new opportunities for growth.
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End-of-Day
-24.04%
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Rhea-AI Summary
First High-School Education Group, an education service provider focusing on high schools in Western China, will report its unaudited financial results for the fiscal year 2023 on April 25, 2024. The earnings conference call will be held on the same day.
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Rhea-AI Summary
First High-School Education Group Co., Ltd. (FHSEY) announced its unaudited financial results for the nine months ended September 30, 2023. Total revenues decreased by 29.2%, gross profit decreased by 58.6%, and net loss was RMB50.2 million. The company experienced a 47.4% increase in the number of students enrolled, but adjusted net income decreased by 96.2%.
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Rhea-AI Sentiment
End-of-Day
-10.49%
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Rhea-AI Summary
First High-School Education Group Co., Ltd. (FHSEY) will release its unaudited financial results for Q3 2023 on November 27, 2023. The company focuses on high schools in Western China. An earnings conference call will be held on the same day.
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Rhea-AI Sentiment
End-of-Day
-33.33%
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conferences earnings
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Rhea-AI Summary
First High-School Education Group announces unaudited financial results for H1 2023, with total revenues of RMB161.9 million, a decrease of 13.9% from H1 2022. Gross profit was RMB63.2 million, a decrease of 23.7%. Net income was RMB36.7 million, a decrease of 14.1%. Total number of students enrolled increased by 12.0%. The company experienced declines in revenue and net income due to cost associated with discontinued schools and reduced student-related services. However, the company adjusted to the decline in revenue by reducing costs and producing comparable gross margin and net margins with the previous year.
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End-of-Day
-18.75%
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Rhea-AI Summary
First High-School Education Group to release unaudited financial results for H1 2023 on September 19, 2023
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0.31%
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conferences earnings
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30%
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-2.52%
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FIRST HIGH-SCHOOL ED ADR

OTC:FHSEY

FHSEY Rankings

FHSEY Stock Data

2.65M
42.07M
0%
0.32%
Elementary and Secondary Schools
Educational Services
Link
United States of America
Kunming

About FHSEY

first high-school education group co., ltd. ("first high-school education group") was founded in 2014 and is a modern education company integrating high-school education, education technology, and education services. on march 11, 2021, first high-school education group was officially listed on the new york stock exchange under the ticker "fhs". as of september 1, 2021, first high-school education group is operating 36 school programs with over 35,000 students.