New Oriental Education & Technology Group Inc. reported earnings results for the half year ended November 30, 2022. For the half year, the company reported sales was USD 1,383.04 million compared to USD 1,967.13 million a year ago. Net income was USD 66.73 million compared to net loss of USD 875.98 million a year ago.

Basic earnings per share from continuing operations was USD 0.4 compared to basic loss per share from continuing operations of USD 5.2 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to diluted loss per share from continuing operations of USD 5.2 a year ago.