"Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a tourism and education-related service provider in China, today announced its unaudited financial results for the first half of its fiscal year 2024, ended August 31, 2023.
First Half of Fiscal Year 2024 - Highlights of the Company's Financial and Operational Performance
I am Ms.. The Chief Executive Officer and Director of Four Seasons Education, Yi (Joanne) Zuo, said in a statement that, over the course of the six months ending August 31, 2023, we experienced a strong recovery, as reflected in our triple-digit percentage growth in total revenues that led to an increase in our gross margins to approximately 43%.. There was a substantial increase in revenue primarily attributed to the strong growth of our tourism business, as well as the increase in non-academic tutoring, which contributed to the increase in revenue.. In addition as a result of the improved operating leverage and prudent cost management, we were able to turn our bottom line into a positive one in the period
In addition as a result of the improved operating leverage and prudent cost management, we were able to turn our bottom line into a positive one in the period

Source prnewswire