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Offcn Education Technology Co., Ltd. — Earnings Release 2023
Jul 14, 2023
54632_rns_2023-07-14_52c2fc51-a7ae-4bdd-9edc-954f12333dad.PDF
Earnings Release
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Stock Code: 002607 Stock Abbr.: OFFCN EDU No.: 2023-064
OFFCN EDUCATION TECHNOLOGY CO., LTD.
Semi-Annual Performance Estimate 2023
The Company and all the directors confirm that the information disclosed is true, accurate, complete and with no false recording, misleading statement or material omission.
I. Performance estimate in this period
-
- Estimate period: January 1, 2023 June 30, 2023
- Estimated performance:
Turning losses into profits
□Increase compared with the corresponding period last year
□Decrease compared with the corresponding period last year
| Item | Current reporting period | Same period of last year |
|---|---|---|
| Net profit attributableto the shareholders ofthe listed Company | Profits: RMB 72.00 million—RMB 92.00million | Losses:RMB890.9317million |
| Netprofitafterdeductingnon-recurring profits andlosses | Profits: RMB 73.50 million—RMB 93.50million | Losses:RMB903.6393million |
| Basicearningspershare (RMB/share) | Profits: RMB 0.012 / share—RMB 0.015/ share | Losses: RMB 0.14 / share |
II. Pre-audit of the estimated performance
The estimated performance of this period has not been audited nor reviewed by certified accountants.
III. Statement for performance variation
Since the fourth quarter of last year, the Company has proactively adjusted its marketing strategy and product mix, improved refined management, reshaped structure and channeled all resources into the enhancement of profitability, so as to achieve the transformation from pursuing large scale to pursuing big benefit and strong performance. These measures are fruitful. Especially, the cost has decreased by over 50% from the same period of last year and by nearly 70% from the same period of 2021.
IV. Other remarks
The estimated result above is only a preliminary calculation performed by the financial department of the Company. For the specific financial information, please refer to the Semiannual Report 2023 to be duly disclosed by the Company. Investors are reminded to exercise caution when making investment decisions.
Hereby announced.
The Board of Directors of Offcn Education Technology Co., Ltd.
July 14, 2023