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New Oriental Education & Technology Group Inc (EDU.N)

EDU.N on New York Stock Exchange

89.50USD
15 Dec 2017
Change (% chg)

$0.07 (+0.08%)
Prev Close
$89.43
Open
$88.97
Day's High
$89.69
Day's Low
$88.40
Volume
1,226,698
Avg. Vol
391,760
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$94.63
52-wk Low
$40.10

Latest Key Developments (Source: Significant Developments)

New Oriental says Q1 total net revenue is $661.2 million
Tuesday, 24 Oct 2017 04:13am EDT 

Oct 24 (Reuters) - New Oriental Education & Technology Group Inc :New Oriental Education & Technology Group says Q1 net income per ADS $1.00.New Oriental announces results for the first fiscal quarter ended August 31, 2017.Q1 revenue $661.2 million versus i/b/e/s view $642.3 million.Sees Q2 2018 revenue $447 million to $460.7 million.Total net revenues increased by 23.8% year-over-year to US$661.2 million for first fiscal quarter of 2018​.Qtrly ‍net income per ADS attributable to New Oriental $1.00​.Qtrly ‍net revenues from educational programs and services were US$604.5 million, a 22.3% increase year-over-year​.Qtrly ‍non-gaap basic and diluted earnings per ads attributable to new oriental were US$1.02 and US$1.02​.  Full Article

Beijing New Oriental Star Petrochemical Engineering sees FY 2017 net profit up 222.5 pct to 272.5 pct
Thursday, 19 Oct 2017 09:49pm EDT 

Oct 20 (Reuters) - Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ>:Sees net profit for FY 2017 to increase 222.5 percent to 272.5 percent, or to be 14.9 million yuan to 17.2 million yuan.Says the net profit of FY 2016 was 4.6 million yuan.Comments that increased orders and inclusion of new company as main reasons for the forecast .  Full Article

New Oriental says Q4 revenue is $486.4 million
Tuesday, 25 Jul 2017 04:00am EDT 

July 25 (Reuters) - New Oriental Education & Technology Group Inc :New Oriental announces results for the fourth fiscal quarter and fiscal year ended May 31, 2017.Q4 revenue $486.4 million versus I/B/E/S view $478.8 million.Sees Q1 2018 revenue $626.5 million to $647.3 million.Quarterly net income per ads attributable to New Oriental $0.35.New Oriental Education & Technology Group Inc quarterly non-GAAP net income per ads attributable to New Oriental $0.41.New Oriental Education & Technology - board of directors has declared a special cash dividend in amount of US$0.45 per ads/common share.New Oriental Education & Technology - if not taking into consideration impact of foreign exchange, revenue growth rate is expected to be in range of 20 percent to 24 percent for Q1.  Full Article

Yamibuy announces $10 mln series A investment
Monday, 10 Jul 2017 04:00am EDT 

July 10 (Reuters) - Yamibuy::Yamibuy announces $10 million series A investment led by GGV Capital.Announced $10 mln series A funding round led by GGV capital, with participation from New Oriental Education & Technology Group, Inc.  Full Article

Beijing New Oriental Star Petrochemical Engineering says dividend payment date on June 29
Thursday, 22 Jun 2017 05:22am EDT 

June 22(Reuters) - Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ>:Says it will pay cash dividend of 0.12 yuan per 10 shares (before tax) for FY 2016 to shareholders of record on June 28.The company's shares will be traded ex-right and ex-dividend on June 29 and the dividend will be paid on June 29.  Full Article

Beijing New Oriental Star Petrochemical Engineering to swing to profit in FY 2017 H1
Thursday, 20 Apr 2017 11:34pm EDT 

April 21 (Reuters) - Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ> ::* Sees to swing to net profit at 2 million yuan to 4 million yuan in FY 2017 H1 versus net loss at 4.3 million yuan in FY 2016 H1 .* Says increased orders as main reason for the forecast.  Full Article

Beijing New Oriental Star Petrochemical Engineering to pay cash 0.12 yuan per 10 shares as FY 2016 div payment
Thursday, 20 Apr 2017 11:28pm EDT 

April 21(Reuters) - Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ> : :* Says it plans to pay cash 0.12 yuan per 10 shares as FY 2016 div payment.  Full Article

Beijing New Oriental Star Petrochemical Engineering sees Q1 FY 2017 net loss to be 3 mln yuan to 4 mln yuan
Thursday, 30 Mar 2017 04:40am EDT 

Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ> : Sees Q1 FY 2017 net loss to be 3 million yuan to 4 million yuan . Says Q1 FY 2016 net loss was 5.4 million yuan .The reason for the forecast is decreased output project value.  Full Article

Beijing New Oriental Star Petrochemical Engineering plans construction JV in Xijiang with partner
Wednesday, 15 Mar 2017 05:26am EDT 

Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ> : Says it plans to set up a construction JV in Xijiang with partner .Says JV will be capitalized at 30 million yuan and co will hold a 51 percent stake in it.  Full Article

New Oriental announces management change
Friday, 2 Sep 2016 04:00am EDT 

: New oriental announces management change . New Oriental Education & Technology Group Inc - Says appointed Chenggang Zhou, company's current president, as CEO of New Oriental . New Oriental Education & Technology Group Inc - Says appointment is effective September 2, 2016 .New Oriental Education & Technology Group Inc - Zhou succeeds Michael Minhong Yu, who will become executive chairman of board.  Full Article