TAL Education Group American Depositary Shares (TAL)
13.30
+0.50 (3.91%)
Tal Education Group is a leading education technology company in China that specializes in providing personalized tutoring services primarily for students in primary and secondary education
The company offers a range of educational programs across various subjects, utilizing both in-person and online formats to enhance learning experiences. By leveraging advanced technology and a diverse curriculum, Tal aims to improve students' academic performance and overall educational outcomes. Additionally, the company focuses on innovative teaching methods and employs a team of experienced educators to support its mission of delivering high-quality education.
TAL Education Group (NYSETAL) reported a 62.4% YoY sales increase in Q3 FY25, reaching $606.4 million, surpassing analysts' expectations. Gross profit also rose 59.6%, with a gross margin of 52.7%.
Shares of TAL Education surged 27.8% during Thursday's session. Chinese stocks are up amid an aggressive monetary stimulus introduced by the People's Bank of China.
Key Takeaways: Before the restrictions, academic education contributed nearly 90% of Beststudy’s revenue but the company’s new extra-curricular courses now account for 40% of turnover The company has also launched study tours to gain a foothold in a market valued at more than a hundred billion yuan
TAL Education shares are trading higher by 7.4% during Monday's session. Chinese stock prices are rising following China's reduction of key interest rates.
