Sunlands Technology Group reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 576.21 million compared to CNY 595.13 million a year ago. Net income was CNY 168.09 million compared to CNY 95.3 million a year ago. Basic earnings per share from continuing operations was CNY 12.04 compared to CNY 7.08 a year ago.
For the nine months, sales was CNY 1,744.51 million compared to CNY 1,918.93 million a year ago. Net income was CNY 463.34 million compared to CNY 65.18 million a year ago. Basic earnings per share from continuing operations was CNY 34.035 compared to CNY 4.845 a year ago.