Since losing a major government contract, the test provider is finding it a costly process to expand its reach to the private sector.
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11 Sep 2014
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Since losing a major government contract, the test provider is finding it a costly process to expand its reach to the private sector.
Rising costs have been eroding margins, but strong demand for the online education provider’s vocational courses bodes well for the future.
After a choppy performance in recent quarters as swine flu fears hurt enrolment figures, China’s biggest private educator is staging a comeback.
Revenues from the company’s vocational training services have been outpacing those from online tuition.
Revenue from online degree programmes, the company’s mainstay, have been shrinking for several quarters.
The private education provider is focused on consolidating operations and boosting margins at its learning centres across China.
Anna Ho, portfolio manager for Carlson Fund with a focus on small caps, talks on China’s long-term investment opportunities.
Survey results reveal demand by China’s middle class for paid-for education and training courses remains buoyant, particularly within the English language training sector.
In this report, BDA China looks at the drivers propelling China’s education and training market as well as investment opportunities in the sector.
Over the long term, English language test-prep network New Oriental is the most downturn-resistant company in China’s fiercely competitive for-profit educational services sector.
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