Significant Revenue Growth in Educational Services
Second quarter 2025 saw a year-over-year net revenue increase of more than 50% from overseas study counseling services, other educational services, and research-based learning services.
Improvement in Gross Profit and Margin
Gross profit for second quarter 2025 was RMB 28.3 million, an increase of 10.2% from the previous year, with gross margin improving to 50.6% from 49.6%.
Decreased Operating Expenses
Operating expenses for second quarter 2025 decreased by 9.4% compared to the prior year, mainly due to reduced sales and administrative expenses.
Narrowed Operational Loss
Operational loss in second quarter 2025 narrowed to RMB 13.7 million from RMB 20.8 million in the same period of 2024.
Strong Enrollment Offers
ACG students received over 4,000 offers from prestigious institutions across various art disciplines, including top universities like Cornell and Columbia.