New Oriental Education & Technology Group Inc (BSP:E1DU34)
R$ 23.62 -0.98 (-3.98%) Market Cap: 57.94 Bil Enterprise Value: 35.78 Bil PE Ratio: 24.96 PB Ratio: 2.47 GF Score: 83/100

Q2 2020 New Oriental Education & Technology Group Inc Earnings Call Transcript

Jan 20, 2020 / 01:00PM GMT
Operator

Good evening, and thank you for standing by for the New Oriental's FY 2020 Second Quarter and Interim Results Earnings Conference Call. (Operator Instructions) Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host for today's conference, Ms. Sisi Zhao.

Sisi Zhao
New Oriental Education & Technology Group Inc. - IR Director

Thank you. Hello, everyone, and welcome to New Oriental's Second Fiscal Quarter 2020 Earnings Conference Call. Our financial results for the period were released earlier today and are available on the company's website as well as on Newswire Services. Today, you will hear from Stephen Yang, Chief Financial Officer. After his prepared remarks, Stephen will be available to answer your questions.

Before we continue, please note that the discussion today will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve

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