Noah is a leading provider of education services in China. The Company's brands comprise Wentai Education, Little New Star and Yuanbo Education. Wentai Education operates and manages high-end kindergartens, primary and secondary schools; Little New Star provides English language training for children aged 3-12 in its directly owned and franchised training centers; and Yuanbo Education operates premium kindergartens under the Qingan brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.
Transition from Electronic Learning Products to Education Services
Noah initially focused on the development and marketing of electronic learning products (ELPs), before entering the education services market in 2007. In light of the changing dynamics within China's ELP industry, Noah completed the sale of its ELP business and operating assets in June 2011. The sale of the ELP business allows Noah to focus exclusively on ex...More >>
Increased Revenue 24.6% Year-over-year
SHENZHEN, China, May 22, 2013 /PRNewswire/ -- Noah Education Holdings Ltd. ("Noah" or the "Company") (NYSE: NED), a leading provider of education services in China, today announced its unaudited financial results for the third fiscal quarter ended March 31, 2013.
Third Quarter Fiscal 2013 Financial Highlights (compared to third quarter fiscal 2012)
Net revenue increased 24.6% to RMB46.4 million (US$7.5 million)
Gross profit decreased 0.9% to ...
Earnings Call to be Held on Thursday, May 23, 2013 at 8:00 am (Eastern)/5:00 am (Pacific)/8:00 pm (China)
SHENZHEN, China, May 8, 2013 /PRNewswire/ -- Noah Education Holdings Ltd. (NYSE: NED) ("Noah" or "the Company"), a leading provider of education services in China, today announced that it will release its unaudited financial results for the third quarter of fiscal year 2013 after the US market closes on Wednesday, May 22, 2013.
The earnings press release will be a...
Revenue Increased 39.7% Year Over Year, Exceeding Guidance
Operating Profit Was RMB9.6 million
SHENZHEN, China, Feb. 27, 2013 /PRNewswire/ -- Noah Education Holdings Ltd. ("Noah" or the "Company") (NYSE: NED), a leading provider of education services in China, today announced its unaudited financial results for the second quarter of fiscal year ending December 31, 2012.
Second Quarter Fiscal 2013 Financial Highlights (compared to second quarter fiscal 2012)
Net revenue increased...
SHENZHEN, China, Feb. 25, 2013 /PRNewswire/ -- Noah Education Holdings Ltd. (NYSE: NED) ("Noah" or "the Company"), a leading provider of education services in China, today announced the appointment of Mr. Rick Chen as independent director and Mr. Benguo Tang as non-executive director.
After the recent appointments of Mr. Chen and Mr. Tang, the Company's Board of Directors consists of nine directors, including five independent directors.
"We welcome the addition of Mr. Rick Chen and Mr....
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