Four Seasons Education Reports Fourth Quarter and Fiscal 2021 Unaudited Financial Results
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SHANGHAI, May 13, 2021 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading Shanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, today announced its unaudited financial results for the fourth quarter and fiscal year 2021, ended February 28, 2021.
Fourth Quarter Fiscal Year 2021 Financial and Operational Highlights
Revenue was RMB70.2 million (US$10.8 million), compared with RMB71.1 million in the same period of last year.
Gross profit increased by 14.1% to RMB28.3 million (US$4.4 million) from RMB24.8 million in the same period of last year.