Koolearn Technology To Cease Operating After-School Tutoring Services

Reuters2021-10-25

Koolearn Technology Holding Ltd <1797.HK>:Koolearn Technology-To Cease Operating After-School Tutoring Services For Academic Subjects Included In China'S Compulsory Education System.Koolearn Technology - Cessation For Academic Subjects Included In China'S Compulsory Education System Which Is Offered To Kindergarten To Year Nine.Koolearn Technology Sees Cessation To Have Material Adverse Impact On Co'S Revenues For Fy 31 May 2022 And Subsequent Periods.Koolearn Technology Sees Fy Profits Positively Affected Given That K-12 Business Segment Was Loss Making For Two Financial Years.

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