Name | Value |
---|---|
Revenues | 860.6M |
Cost of Revenue | 391.6M |
Gross Profit | 469.0M |
Operating Expense | 420.9M |
Operating I/L | 48.1M |
Other Income/Expense | 23.8M |
Interest Income | 113.7M |
Pretax | 71.8M |
Income Tax Expense | 19.4M |
Net Income/Loss | 29.0M |
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.