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New Oriental-S opened higher, with net profit for the fourth fiscal quarter surging 7.76-fold year-over-year, and forecasts revenue growth of up to 18% for fiscal year 2027.

Zhitong Finance ·  Jul 30 09:37

July 30 news,$NEW ORIENTAL-S (09901.HK)$rose more than 14%, closing at HK$45.56, with a trading volume of HK$162 million.$New Oriental (EDU.US)$U.S. stocks surged by more than 15% in the previous trading session.

On the news front, on July 29, New Oriental released its unaudited financial results for the fourth quarter and full fiscal year ended May 31, 2026. The report showed that for the quarter ended May 31, 2026, New Oriental recorded revenue of USD 1.53 billion, an increase of 23% year-over-year; operating profit of USD 85.8 million, compared to an operating loss of USD 8.7 million in the same period last year; and net income attributable to shareholders of USD 62.2 million, up 775.8% year-over-year.

For the fiscal year ended May 31, 2026, net revenue amounted to approximately USD 5.661 billion, an increase of 15.5% year-over-year. Operating profit was approximately USD 643 million, up 50.2% year-over-year. Net income attributable to shareholders was USD 475 million, an increase of 27.8% year-over-year. Looking ahead to fiscal year 2027, New Oriental expects net revenue to be in the range of USD 6.45 billion to USD 6.68 billion, representing year-over-year growth of between 14% and 18%.

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