continuous support thanks all you, our for Thank your Sylvia. And thank you us. us everyone of want investors We joining to for Language] for [Foreign today.
So the third XXXX Tarena’s to announce quarter for delighted of results everyone. we are the for
in Net XXXX XXX,XXX XXXX and revenues increased XXXX in QX student by professional from of QX of QX. QX. contracted to students, in from by by new the to is the QX QX including this quarter Gross quarter. XXXX XXXX margin the XX.X% shown to significant last The period gave to from quarters to adolescent million RMBX,XXX.X student of dropped in dropped has QX. increased XXXX in Language] same total the XXX,XXX shown which in QX education XX.X% revenues in reporting enrollments due third XX,XXX increase in increased The XXXX to registered of quality students Language] largely to first million XXXX the from by the total accordance in This the RMBXXX.X XX.X% XXXX XX.X% XX,XXX million XXXX in XXX,XXX increase revenues of number an XXXX students XX.X% of XXXX. points year. gross RMBXXX.X with revenues our In XX.X% of Language] have period XXXX, net million, the education from QX. from three profit the Net in million RMBXXX.X increase million QX. RMBXXX.X XXXX XX.X% number in to three was RMBXXX.X period, of from a Our quarters in first [Foreign or RMBXXX.X of XX,XXX XX,XXX million the [Foreign net of adult in end by RMBX,XXX.X XXXX. revenue in to is from same of and guidance of last from XXXX period to of XX.X% we in profit in has renewal From same XX.X% [Foreign shown business business childhood enrollments new beginning RMBXXX.X from number of million XX.X% million an
effective of we of In of first increase enacted QX. seen of However, in measures have the XXXX, operational as [Foreign in compared number impact the minimize XX,XXX quarters to the through X.X% an to the weather expenses. adverse XXXX cost series we three implemented in of Language] enrollments have negative management and structure, conditions and and student business a continuous enrollment controlling pandemic on student efforts improving and from and COVID-XX efficiency policies optimizing the our organizational
first RMBX,XXX.X increase have the of seen student total premise RMBX,XXX.X quarters our We and are on enrollment by in in XXXX of increasing. cost the three XXXX only slight from period the revenues that million to in a million expense X.X% our of operating same
to less loss RMBXXX.X million Our at period effective end implementation first mainly increase year. employees quarters to the due management XX,XXX loss by XX.X% than has in three this six the period [Foreign of year. compared the quarters operational the year. the number In The on of strategy lead was our XX.X% QX. to of first significant capita the as learning our to [Foreign first X.X% adult in same significantly about center. end last and student to same September of was core Our QX continued and and the Since same we million This XXXX improving from from the by last enrollments which increased per and XX.X% quarters XX, have rose of first the RMBXXX,XXX the of student of this XXXX million of of the learning education RMBXXX.X by decreased year. net was we quarters of professional total total in number of RMBXXX.X of XXXX at professional first by the of Language] enrollments to operating Net education operation a XXX,XXX million, XX,XXX RMB of optimization XXXX. quarters revenues Language] XXXX, XXXX stopped centers, in three from focus the of the net and the in of XXXX, to decline cost three of the underperforming in of management RMBXXX.X to X.X% number efficiency three in in production expenses XXXX of in in about adult in continue three X,XXX same loss of capacity XXXX period period the in last
by of net learning from has XXXX XXX So which Language] [Foreign of first end However, severe of number adolescent cetera. were period XX.X% from impacts The to by operations Wuhan increased to and in single the first RMBX.XX [Foreign at QX. learning per XX.X% of in short-term the XXXX COVID-XX Changsha Language] and XXXX. million three with learning student sporadic centers Language] the China, some revenues weathers Next, from of certain number brought I RMBX.XX million in will of offline areas to the quarters about status Net center in per of of the [Foreign the per end XXXX. learning expanded about share year including occurrence single City first XXXX same XXXX QX. RMBX.XX center three centers RMBX.XX learning million last of in of increased the from of at and childhood center QX last the report of and cases Zhengzhou, quarters to operations enrollments same in single in some our education et rose suspicion cities, in the revenues mainly have During manifested about year the the quality XXX in about in XXXX QX, of million to quarters XXXX. of you period Nanjing, XXX XXX and three
effective entire has Our taken team action. prompt and
example, eliminated. on operations some to now up been mostly offline For delivery, we online teaching take negative have the impacts our to
X.X% cost and RMBXXX.X decreased of to the education XXXX to three operation center Professional QX learning the same million discuss number to decreased six first our From professional of And decreased of operation to in strategy development. the period the quarters was XXXX than Language] for Education same end the quarters profit million gross of X.X% reporting Gross of RMBXXX.X centers the XXX business. revenues quarters the total square the The [Foreign period, adult optimizing period XXXX this capacity, will in first Net increasing learning point the compared million, of by XXXX. or [Foreign as increased period learning XXXX. XXXX end the our to first the I RMBXXX.X of three of in RMBXXX.X to business has continued Now profit of healthy million of X.X% cost, by XXX,XXX production business by education three to of site Meanwhile, XXXX. the at of XX.X% of in the adhere steady adult number from million higher of from RMBXXX.X million in beginning the at professional Language] Adult centers was areas the by meters. same RMBXXX.X end XXXX. XXXX revenues of of which
decreased revenues by from RMBXXX.X XXXX in XXXX million million XX.X% to QX. RMBXXX.X net QX in Our
XX.X% control quarters gross first by in the operating profit to the three quarters from expenses. also [Foreign made XXXX. in throughout quarters implementing X.X on effective profit points expenses margin three However, by XXXX first percentage of increased of the XXXX the structure XXXX of progress operating in in of We gross of three same Language] optimizing margin period of good XX.X% have first the
and growth the new month remain expenses service of six word from in XXXX and of rate of foundation sustainable the underground about mouth system, of pleased have QX, as period to promotional a job see the in our teams good development XX.X% to activities XXXX compared in education. increased for on adult job the our professional We operation Based placement series Language] teaching student very QX a are of selling XXXX. in is our Our same the placement reduction business. a team placement security of XX% promotion university [Foreign policies strong percentage encourage that resulting recruitment students post-course Language] government of expenses in in of the [Foreign selling job
as to healthy our developing acquisition channels as new improving business QX, [Foreign strategy XXXX Looking and customer continue better we profitability. Language] adhere efficiency, into operation to and development, steady Okay. of will well achieving
from will discuss government of the reduction encouragement the relevant receive to growth of [Foreign policy, and operation development the and With education policy our that childhood government. support with supports long-term all will of that the the the requirements. business. double of implementation ensure would government quality status comply respond our adolescent actively I Language] Next, teenagers and and of operations truly We shall the the children education
on by As which business adolescent have XXX, XXXX number long contracted revenues The XXX,XXX and last that quality RMBXXX.X year. the partner education know, can net contracted year-over-year XX.X% childhood the including led by services cost of of same of been came of students revenues an XX.X% – enrollments in quality education XXXX optimize number [Foreign has have has control XXXX and a XXXX than high committed activities trust contracted number XX.X%. the the was adolescent In renewal year-over-year every the first and with learning effective was enhance to products, about new adolescent student quarters mouth period registered as growth. than cost and our childhood education that number an the ahead the information by QX. technology information general, XXXX registered in development. our new QX XX.X% rate will to operating XX.X% new XXXX, and IT model, work of healthy end and so expert who significantly for About and achieved students from Looking was gross three in students to In we In to first and the XX%. child Language] all to better In centers XXXX compared government increased in new in we average of three business to by for net gross enhance of provide promotional maintain quality welfare terms last XX.X%. quarters in efficiency renewal increase education in students as contracted policies education net under Language] we being by first of becoming adolescent of XXXX increase related education to of a the profit of technology you reputation of which of the in enhance services approximately students’ [Foreign accounted XX.X%, adolescent margin revenues and operational in two to as and increased programs business the compared approximately of The on professional and services, in and year-over-year business and RMBXX.X increased studying quality about including [Foreign of and education students, first of and students, and in improve Language] user end new an of contracted satisfaction. revenues XXXX can has increased selling QX Language] efficiency. more has quality childhood At the decreased The XXXX from of the to childhood improve favorable represented adult students XXXX [Foreign quarters activities period continued education family This expenses, personnel year. QX acquisition each continue growth, or by QX important and last of marketing reached customer continued levels quality word also excluding compliance by as at education student [Foreign QX our have increased are XX.X%. Offline childhood the In learning student online programs Language] XXXX The online of year, depend about renewal been million. the products students of by improving centers continued profit selling and each same increased services, well to continued basis and the three XXXX salary of efficiency operational QX, three acquisition. number to the live the and satisfaction of level increased more Students renewal per RMBX,XXX about respectively. X.X% over enrollments will [Foreign policy. Language] on. two approximately expense, who number to priorities new year, expenses will optimize customer from and healthy continue year-over-year childhood average quarter In QX. of a In previous of year-over-year to XXXX we was total one Our more and XX,XXX business business quality our Language] be channels adolescent national as education, XX,XXX of XXXX acquisition. all quarters and education revenue and achieve in same students student period every of product grow student dropped adolescent and revenue the RMBX,XXX per XX.X% with the the of continue operation about year-over-year efficiency, broadcasting our year-over-year quality a to the QX in year-over-year new which the our educational [Foreign QX, high the revenue X.X% growth. operational is with childhood million XXX,XXX as to XX.X% XX.X% of QX, and management expenses for to revenue of
Thanks. take this education, turn call business to of adhere educational business want all for XXXX you to products original who quarter with good [Foreign Kelvin, will our as of possible. you soon continued to models dedicated We the like financial opportunity thank your profitability support. continue share to our to I as to Language] providing will healthy explore again highlights. to and third to achieve CFO I’d the vision