Sunlands Online Education Group (STG) has released an update.
Sunlands Technology Group reported a decrease in net revenues to RMB492.2 million and net income to RMB82.3 million in Q2 2024, reflecting resilience in challenging market conditions. The company’s CEO emphasizes a focus on brand enhancement and product quality improvement, while the Finance Director highlights the growth in gross billings and the company’s strategic initiatives to optimize course offerings.
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