Welcome to our dedicated page for First High Sch Ed Group Co news (Ticker: FHSEY), a resource for investors and traders seeking the latest updates and insights on First High Sch Ed Group Co stock.
First High-Sch Education Group Co Ltd (FHSEY) combines high school education management with innovative edtech solutions, primarily serving Western China's evolving academic landscape. This page provides investors and education professionals with centralized access to the company's latest developments and strategic initiatives.
Track comprehensive updates including operational partnerships, academic program expansions, and technology implementations. Users will find press releases covering school management contracts, teacher training advancements, and data-driven educational improvements aligned with regional needs.
Key content areas include service agreement announcements, edtech platform enhancements, academic outcome improvements, and strategic collaborations. The curated news selection helps stakeholders informed about the company's asset-light operational model and quality-focused education services.
Bookmark this page for ongoing insights into FHSEY's role in modernizing high school education through integrated management solutions and technological innovation. Check regularly for verified updates directly from corporate communications and trusted financial sources.
First High-School Education Group (OTC PINK:FHSEY) reported its fiscal year 2022 financial results, revealing a 1.5% increase in total revenues to RMB342.5 million (US$49.7 million) compared to 2021. However, net income declined significantly by 27.1% to RMB38.4 million (US$5.6 million). The company experienced a 21.5% growth in student enrollments, reaching 25,823 students, while the number of school programs remained stable at 21. The gross profit was RMB128.9 million (US$18.7 million), a slight decrease of 0.6% year-over-year. Cost increases were noted in revenues, mainly due to higher wages for public-sponsored teachers. Regulatory changes and economic factors led to the discontinuation of some schools, impacting operations. CFO Tommy Zhou expressed optimism regarding the company's ability to innovate and expand despite recent challenges.
First High-School Education Group (OTC PINK:FHSEY), a leading education service provider in Western China, is set to release its unaudited financial results for the fiscal year 2022 on April 17, 2023, before U.S. markets open. The earnings call is scheduled for 8:00 AM U.S. Eastern Time, allowing investors to gain insights into the company’s financial health and operational performance.
Management aims to provide comprehensive updates on the company’s strategic direction and goals, further strengthening its position as an innovator in private high school education. The release is anticipated to shed light on revenue trends, earnings per share, and future guidance that could impact stock performance.
First High-School Education Group Co., Ltd. (OTC: FHSEY) announced a change in its board composition on February 27, 2023. Independent director Ning Zhou resigned from the board and the audit committee effective February 26, 2023. The resignation was not due to any disagreement regarding the Company's operations or policies. Following this change, the board will now consist of five directors, including two independents. The Company focuses on high school education in Western China and aims to be a leader in private high school education, emphasizing comprehensive education management services.
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