Name | Value |
---|---|
Revenues | 1,435.4M |
Cost of Revenue | 583.5M |
Gross Profit | 851.9M |
Operating Expense | 558.7M |
Operating I/L | 293.1M |
Other Income/Expense | 27.2M |
Interest Income | 0.0M |
Pretax | 320.3M |
Income Tax Expense | 77.6M |
Net Income/Loss | 245.4M |
New Oriental Education & Technology Group Inc. provides private educational services in China through its K-12 AST, Test Preparation, and Online Education segments. The company offers test preparation courses for language and entrance exams, after-school tutoring for exam score improvement, language training in English and other foreign languages, full-time private primary and secondary school education with an English focus, and online education programs for college, K-12, and pre-school levels. Additionally, it provides educational materials, overseas studies consulting, and study tour services. The company generates revenue through tuition fees, educational material sales, and consulting services.