ATA Q2 FY 2013 Loss Grows to RMB 9 Mln

ATA, 11/05/12

Chinese computer-based educational testing service provider ATA (Nasdaq: ATAI) has announced its financial results for the fiscal second quarter ended September 30, 2012. Q2 FY 2013 net revenues were RMB 46.8 mln (USD 7.4 mln), down 33.6% YoY.

Net loss was RMB 9.1 mln (USD 1.4 mln), compared to a net income of RMB 1.4 mln in Q2 FY 2012.

In Q2 FY 2013, ATA delivered a total of 1.4 mln billable tests, a decrease of 22.2% YoY from the same period in the previous year. ATA had a network of 2,572 authorized test centers throughout China as of September 30, 2012.

For the fiscal year ending March 31, 2013 the company now expects take in revenue between RMB 390.0 mln and RMB 410.0 mln.

To view the complete report please see [url=]http://ir.ata.net.cn/company-news/detail/113/ata-reports-fiscal-2013-second-quarter-financial-results here[/url].

Keywords: Internet loss revenue ATA ATAI fiscal report online education

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