New Oriental Education & Technology Group Inc Ordinary Shares

09901: XHKG (HKG)

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New Oriental Earnings: Operating Profit Held Up Well Despite Revenue Decline

Cheng Wang

Apr 25, 2025

New Oriental's third-quarter fiscal 2025 (ending May) total revenue declined by 2% year on year. However, excluding Eastbuy, the livestreaming e-commerce subsidiary, revenue increased by 21% and met the firm's growth guidance of 18%-21%. Adjusted operating profit remained stable at USD 142 million.

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New Oriental Education & Technology Group Inc Ordinary Shares

New Oriental Earnings: Operating Profit Held Up Well Despite Revenue Decline

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