Posted by: Tom Telford on Aug 19 2010

Chinese online education provider China Distance Education Holdings Limited (CDEL) (NYSE:DL) reported net income of $1.28 million in the three months ended June 30, 2010, the company's fiscal third quarter, compared with net income of $92,000 in the same period of 2009...

Posted by: Tom Telford on Aug 19 2010

Beijing-based educational service provider ChinaEdu Corporation (Nasdaq:CEDU) made net income of RMB 13.55 million in the second quarter of 2010, up 52.8% year-on-year, as gross margin improved to 64.9% from62.4% in the same period last year, the company announced August 19...

Posted by: Tom Telford on Aug 11 2010

Educational resources and services provider China Education Alliance (NYSE:CEU) made net income in the second quarter of 2010 of $4.26 million, or $0.14 per diluted share, up 29.9% year-on-year, the company announced August 11...

Posted by: Tom Telford on Aug 10 2010

Computer-based testing services provider ATA Inc.'s (Nasdaq:ATAI) net income fell 29.5% year-on-year to RMB 9 million ($1.3 million) in the three months ending June 30, the first quarter of the company's fiscal year 2011, the company reported August 10...

Posted by: Tom Telford on Jul 27 2010

Shenzhen-based electronic dictionary and mobile learning device maker Noah Education (NYSE:NED) expects revenue in its fiscal fourth quarter ended June 30, 2010 to decrease 53% year-on-year to $8.2 million, with its electronic learning product (ELP) business and education services business expected to generate $6.7 million and $1.5 million, respectively, the company announced July 26...

Posted by: Tom Telford on Jul 19 2010

Private education company New Oriental's (NYSE:EDU) net income grew 118.7% year-on-year to $5.77 million in the company's fiscal fourth quarter ending May 31, 2010, according to a July 19 company statement...

Posted by: Tom Telford on Jul 15 2010

For-profit education provider Ambow Education may raise up to $138 million by listing American depository shares on the New York Stock Exchange under the ticker "AMBO," the company announced in a July 15 filing with the US Securities and Exchange Commission.

Ambow Education won financing worth $54 million from Cisco Systems (Nasdaq:CSCO) and Macquarie Group in October 2007 and another $103 million from investors including Actis Capital in 2008, according to a recent report by ChinaVenture...

Posted by: Sijia Xie on Jun 26 2010

Chinese online education provider China Distance Education Holdings Limited (CDEL) (NYSE:DL) subsidiary Beijing Zhengbao Yucai Education Technology has signed multi-year exclusive contracts with the designated Chinese local government affiliates to provide business start-up training courses, the company announced June 25...

Posted by: Tom Telford on May 25 2010

Beijing-based educational service provider ChinaEdu Corporation (Nasdaq:CEDU) recorded net income of $1.06 million for the first quarter of 2010, a 24% decline year-on-year, the company reported May 25...

Posted by: Tom Telford on May 18 2010

China Distance Education (CDEL) (NYSE:DL) reported net income of $203,000, or 0.008 per diluted American depository share (ADS), in the company's fiscal second quarter ended March 31, according to a company announcement May 17...

Posted by: Ana Swanson on May 13 2010

Shenzhen-based electronic dictionary and mobile learning device maker Noah Education Holdings (NYSE:NED) booked net income of RMB 36 million ($5.3 million) in the three months ending March 31, the company's third quarter, up 4.9% year-on-year, according to a financial report released May 12...

Posted by: Tom Telford on May 12 2010

Educational resources and services provider China Education Alliance (NYSE Amex:CEU) recorded net income of $3.66 million in the first quarter of 2010, up 11.7% year-on-year, or diluted earnings per share of $0.12, according to a company announcement May 12...

Posted by: Ana Swanson on May 04 2010

Electronic dictionary and mobile learning device maker Noah Education (NYSE:NED) announced preliminary financial results on April 30 for its third fiscal quarter 2010, which ended March 30, 2010.

Noah expects third quarter net revenue to be about RMB 253.7 million ($37.2 million), up 18.3% year-on-year, below the company’s previous estimate of net revenue in the range of RMB 282 million to RMB 293 million...

Posted by: Sijia Xie on Apr 20 2010

Private education company New Oriental (NYSE:EDU) reported net income attributable to New Oriental of $13.8 million in its third fiscal quarter ended February 28, 2010, up 33% year-on-year, while total net revenues grew 36.2% annually to $89.2 million, the company announced April 20...

Posted by: Ana Swanson on Mar 16 2010

Shenzhen-based electronic dictionary and mobile learning device maker Noah Education (NYSE:NED) has signed an agreement to acquire 70% interest in Shenzhen Wentai Education Industry for total consideration of RMB 126 million by June 1, 2010, Noah announced March 15...