Bright scholar announces unaudited financial results for the third fiscal quarter of fiscal 2022
Foshan, china , aug. 4, 2022 /prnewswire/ -- bright scholar education holdings limited ("bright scholar," the "company," "we" or "our") (nyse: bedu), a global premier education service company, today announced its unaudited financial results for the third fiscal quarter of fiscal 2022 ended may 31, 2022. financial performance highlights third fiscal quarter ended may 31, 2022 financial highlights (in comparison to the same period of the last fiscal year): rmb in million except eps and % third fiscal quarter ended may 31, 2022 third fiscal quarter ended may 31, 2021 yoy % change revenue from continuing operations 437.5 362.4 20.7 % gross profit from continuing operations 135.4 52.4 158.2 % gross margin from continuing operations 30.9 % 14.5 % 16.4 % operating income/(loss) from continuing operations 19.3 (70.1) 127.5 % operating margin from continuing operations 4.4 % (19.3 %) 23.7 % income from discontinued operations, net of tax - 258.1 - net (loss)/income for the quarter (7.1) 163.9 (104.3 %) adjusted gross profit from continuing operations (1) 139.9 56.6 147.1 % adjusted operating income/(loss) from continuing operations (2) 23.8 (65.3) 136.4 % adjusted net loss (3) for the quarter (3.5) (90.2) 96.1 % adjusted ebitda (4) for the quarter 69.0 3.2 2,052.6 % basic and diluted loss per share from continuing operations (0.08) (0.73) 89.0 % basic and diluted earnings per share from discontinued operations - 2.16 - adjusted basic and diluted loss per share (5) for the quarter (0.05) (0.69) 92.8 % nine months ended may 31, 2022 financial highlights (in comparison to the same period of the last fiscal year): rmb in million except eps and % nine months ended may 31, 2022 nine months ended may 31, 2021 yoy % change revenue from continuing operations 1,311.1 1,081.8 21.2 % gross profit from continuing operations 394.3 173.2 127.7 % gross margin from continuing operations 30.1 % 16.0 % 14.1 % operating loss from continuing operations (3.7) (185.7) 98.0 % operating margin from continuing operations (0.3 %) (17.2 %) 16.9 % income from discontinued operations, net of tax - 568.3 - net (loss)/income for the period (60.0) 312.4 (119.2 %) adjusted gross profit from continuing operations (1) 408.2 184.7 121.1 % adjusted operating income/(loss) from continuing operations (2) 9.4 (172.2) 105.5 % adjusted net loss (3) for the period (49.9) (244.7) 79.6 % adjusted ebitda (4) for the period 196.7 (0.5) 42,300.6 % basic and diluted loss per share from continuing operations (0.49) (2.13) 77.0 % basic and diluted earnings per share from discontinued operations - 4.74 - adjusted basic and diluted loss per share (5) for the period (0.41) (2.04) 79.9 % 1.
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