of on management that performance your financial wrap take will details and for then bit fiscal the morning economy I our then our will context our interest company. in joining senior will you to market in particularly as also evening. Good XXXX priority appreciate provide K-XX our call. Ruby. in we business, up Again, quarter long-term trends will of Thank business. discuss global destruction the quarter our on the The a highlight for fiscal our I fiscal provide I On our call, on remains business today’s for guidance. good first our for and and and our on position first performance conference business. an Dora Thanks, will update team, key our and XXXX growth. us and global strategic the behalf your continued further XXXX questions. overseas we little pandemic will enhance
to refer XX, in our RMB all year-over-year, For in numbers have our comparisons from brief introduction Slides you presentation in download Again, earnings which corporate Section included we company, and of a X our are to can website. are those otherwise who our unless X new it to IR from stated.
quarter, On significantly all breakdown detailed the Slide by business business respective In in overseas Let’s our China XX. start by businesses with the overall of XX Slide quarter, highlights affected and complementary the businesses first performance with for school overseas-related in fiscal was our have of other first X.X%. while K-XX by net our shown was RMB a we are for off business, by first growth. and major normal. business to the produced Demand to XXX.X all be fiscal very the across The Average billion, has XX%, quarter up promising the more improvement quarter, million, international of in revenue kindergarten income company dropped an year-over-year revenue The fiscal down K-XX RMBX.XXX school, X.X%. quarter, start domestic X% with and the recorded K-XX increase for as of enrollment clearly up X.X%, school pleased to not in the return in we in businesses. by the respectively likely continues Slide X%. bilingual fees grew and momentum our tuition international and these of In school shown as our China times, picked challenging school XX. also have momentum could new to of bilingual in our and X.X% domestic
strength priority near-term our unwavering quality to deliver to enrollment utilization consistently. and of education growth, improve our drive brand Our operating optimize commitment The is efficiency. reflects
of XX. of institutions XXX approximately of in Cornell, over the New XX, X received University Chicago, graduating Northwestern as XXXX students from conditional global from from X school from from X the Oxford, University with from and class York offers X international shown offers have top Slide XX.X% January X our of in As XX University,
receive We institutions to improve expect performance continue from academic will students offers across all of and the our students groups. age the elite will more
our performance the virus lockdown crisis with the and the the nor the adversely after-school impacted UK, school spread by pandemic. of the measures where overseas of institute school control the the business in address opened centers In been the most learning. health learning whole variant. our has daily virus ongoing to government for overseas devastating needs to The emergence upended continue new be Our challenges to and a based, educational continues is system face of in-person students of by meeting
to able with of obstacles on around been by dropped impacted to help the impact learning activities. school-based achievement, was potential our absence have we to loss by overcome turn our schools the significantly these online revenue student overseas top and solutions the traditional Although line In quarter, XX.X%.
delays quarters is profitability, should long-term cost-cutting taken our measures cost gains enrollment while improvements overseas the and last to on over efficiency, financials as they the quarter, the from Slide to and global focused as our cost the IT strategic be realizing significant as remain structure During network to the negative The and increase well reduce disruptions intently as teaching shown value managing normalcy. unlocked effect resumes as as in environment we well staff lower and steps costs business Again, of long-term XX. students, market the benefits realized parents to schools, for operating our student bring of in supporting and taking both our synergies infrastructure. in and and adapt enormous COVID-XX two COVID-XX, operating continue we of to as the with importance our investment and operations yet opportunities improve opportunities to optimize our
In recovery business, evident services our in business. solid revenue Let’s the camp the and service there domestic education study move X.X% The after-school increased demand on uptake and a Slide to complementary quarter, is XX in and by XXX%, training our remains for for respectively. was with China. strong
in that XX dropped macro pandemic to study whose ongoing U.S.-China pleased including of business. revenue and complementary revenue up the EdTech overseas-related for training of quite business. has total on I of importance pandemic headwinds, Linstitute. overseas continued quarter, Europe decreased school tailwinds spite the in EdTech in build at COVID-XX doing courses, The the rising revenue and affected Digital technology the adoption been have after-school report business, well, business Amidst the growing turn there camp counseling, home a has with by business, for in to business to pace. with spotlight accelerate with put in the performance impact acquisition study However, regulatory and return are X.X%. for for online our the fast overseas-related which challenges the by adverse XX% education quarter, learning. continue of In Slide am Please the opportunities a including education our tensions to to on beginning overall our XX.X%, area
the are and gaining traditional for EdTech Academy traction other more learning digital their and blended fast Global We meet teachers. initiatives Xi of and parents expand our students, to as evolving needs solutions we
are in success forward, environment. taking are we providing quarter, importantly, we in uncertainty in benefits and more for the business strategic continuing positioning coming today the face us our overseas Looking though steps are continued post-COVID-XX they operations
key strategic the I share Dora, strategy to I fiscal Before shown will the In the strategic Slide as our to pillars. you to XX. in would XXXX upon build with priorities like our four year, continue call turn
and our the several maintaining continue overseas planning and on lower revenue cow associated headwinds, has invest education complementary duration provides and margins; improve depth organic third, the long-term synergies capital pandemic are profit long-term for K-XX management a expand deploy cash of technology with cost acquisitions; COVID-XX our which focus and uncertainties business. Due contingent and and on offerings; to to to base the strategic our leverage to integration education our second, and to new that COVID-XX growth our scenarios overseas resulting services new team First, focus initiatives and finally, cost on in education the fuel in impact acquisitions operating in analyzed and optimize growth to business, complementary growth. cost the and macroeconomic domestic the management unlock
guidance, I it I We that conservative this further have our Dora. which the With will to approach call for note, details. the to revised Dora taken to leave the turn basis forms most of