China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2020
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65.5
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Fourth Quarter 2020 Net Income Attributable to CDEL was $4.9 Million, with Net Income Margin of 7.4% -
BEIJING, Dec. 16, 2020 /PRNewswire/ China Distance Education Holdings Limited (NYSE: DL) ( CDEL , or the Company ), a leading provider of online education and value-added services for professionals and corporate clients in China, today announced unaudited financial results for the fourth quarter and fiscal year 2020 ended September 30, 2020.
Fourth Quarter Fiscal 2020 Financial and Operational Highlights
Net revenue decreased by 4.6% to $65.5 million from $68.7 million in the prior year period.