Earnings Call Summary | First High-School Education(FHSEY.US) Q4 2023 Earnings Conference
Earnings Call Summary | First High-School Education(FHSEY.US) Q4 2023 Earnings Conference
The following is a summary of the First High-School Education Group Co., Ltd. (FHSEY) Q4 2023 Earnings Call Transcript:
以下是第一高中教育集團有限公司（FHSEY）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
First High-School Education Group saw a significant decline in revenues by 22.3% to RMB 266.3 million in 2023, primarily due to decreases in revenues from government cooperative agreements and education materials sales.
The group's gross profit decreased by 44.7% to RMB 71.3 million with a gross margin of 26.8%.
A net loss of RMB 70.6 million was recorded for the fiscal year of 2023, largely driven by an asset impairment loss of RMB 52.1 million and decreased income from operations.
第一高中教育集團在2023年收入大幅下降22.3％，至2.663億元人民幣，這主要是由於政府合作協議和教育材料銷售收入的減少。
該集團的毛利下降了44.7％，至人民幣7,130萬元，毛利率爲26.8％。
2023財年的淨虧損爲人民幣7,060萬元，這主要是由人民幣5,210萬元的資產減值損失和運營收入減少所致。
Business Progress:
業務進展：
In response to challenges in operating new schools, the company shifted its focus towards school management services, expanding its service programme by four schools in 2023 and increasing students under management to 31,928.
The company faced difficulty in raising tuition and saw a decline in the sale of educational materials and income from meal catering services. To mitigate, optimization of staff and administrative costs are being pursued.
The company is actively working to resolve payment collection issues with local governments.
爲了應對新學校運營方面的挑戰，該公司將重點轉移到學校管理服務上，在2023年將其服務計劃擴大了四所學校，並將管理的學生增加到31,928人。
該公司在提高學費方面面臨困難，教材銷售和餐飲服務收入均有所下降。爲了減輕影響，正在優化人員和行政成本。
該公司正在積極努力解決地方政府的收款問題。
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譯文內容由第三人軟體翻譯。