News Column

Xueda Q2 Net Operating Income to USD121mn

August 26, 2014

BEIJING, August 26, SinoCast -- Xueda Education (NYSE:XUE) recorded net operating income of USD 121 million in the second quarter of this year, growing 5.4% year on year.

Gross margin was 34.5%, compared with 39.1% in the same period of a year earlier. Net profit hit USD 15.3 million, compared with USD 17.2 million in the same period of a year earlier.

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Source: Sinocast Internet, Media & Online Services Beat (China)

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