New Oriental Education & Technology Group Inc (HKSE:09901)
HK$ 46.45 -1.55 (-3.23%) Market Cap: 75.96 Bil Enterprise Value: 44.10 Bil PE Ratio: 25.13 PB Ratio: 2.48 GF Score: 86/100

Q1 2023 New Oriental Education & Technology Group Inc Earnings Call Transcript

Oct 26, 2022 / 12:00PM GMT
Release Date Price: HK$17.2 (+8.45%)
Operator

Good evening, and thank you for standing by for New Oriental's FY 2023 First Quarter Results Earnings Conference Call. (Operator Instructions) Today's conference is being recorded. (Operator Instructions) I'd 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 First Fiscal Quarter 2023 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, Executive President and Chief Financial Officer. After his prepared remarks, Stephen and I will be available to answer your questions.

Before we continue, please note that this 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 inherent risks and uncertainties. As

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