Beststudy Scores Profits By Thinking Outside The Box
Portfolio Pulse from The Bamboo Works
Beststudy Education Group has successfully pivoted from traditional academic tutoring to extra-curricular courses and study tours, significantly boosting its revenue and profits. The company has benefited from a supportive policy environment in China, leading to a 70% rise in its share price this year. Meanwhile, U.S.-listed TAL Education has also returned to profitability, with a 50% increase in revenue.
August 26, 2024 | 1:25 pm
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POSITIVE IMPACT
New Oriental, through its arm Beijing New Oriental Culture and Tourism, is entering the study tours market, which is growing rapidly in China. This move aligns with the supportive policy environment for education services.
New Oriental's entry into the study tours market is significant given the market's rapid growth and the supportive policy environment. This could positively impact its revenue and market position.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
TAL Education has returned to profitability with a 50% increase in revenue, indicating a recovery in the education sector. This is supported by a more favorable policy environment in China.
TAL Education's return to profitability and significant revenue growth suggest a positive short-term impact on its stock price, driven by a recovering education sector and supportive policies.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70