"Noah will continue its strategic focus on growing education services and achieving profitability," Mr. Xu remarked. "With a strong balance sheet and solid businesses, Noah is well-placed to expand its leadership in the three focused segments: pre-school, private primary and secondary education and supplementary education through organic and acquisitive growth. We remain confident in meeting our quarterly and full year guidance."Mr. He said, "I am proud of our accomplishments over the past two years as we have transformed Noah from an electronic device company to an education services company, which is a much more resilient business with higher visibility, and I am grateful for the support I have received from the Board of Directors, and the opportunity to work with the Company's dedicated employees and management team. I am confident that Noah is well positioned and on a clear path to further grow its leadership in the focused education segments while unlocking values to shareholders."
Noah Announces Senior Management Change
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts