FHS - FHS STOCK NEWS

First High-School Education Group (NYSE: FHS) will release its unaudited financial results for Q1 2022 on May 17, 2022, ahead of U.S. market hours. An earnings conference call is scheduled for May 18, 2022, at 8:00 AM ET. The company focuses on high school education in Western China and aims to innovate in the sector. Investors can access live and archived webcasts on their investor relations website.

First High-School Education Group Co., Ltd. (NYSE: FHS) filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, on May 9, 2022. The report is available on the Company's investor relations website and the SEC's site. Shareholders can request a free hard copy of the report containing audited financial statements. The Company aims to lead private high school education in Western China, focusing on education management, technology, and vocational integration. For more details, visit the official site.

First High-School Education Group (NYSE: FHS) reported unaudited financial results for the fiscal year ended December 31, 2021, revealing total revenues of RMB400.2 million (US$62.8 million), a 13.7% increase year-over-year. However, net income plummeted by 51.3% to RMB39.9 million (US$6.3 million), and income from continuing operations decreased by 37.9%. The company attributed declining gross profit margins, down to 31.6%, to higher operating costs and initial public offering expenses. Looking ahead, the company expects a revenue increase for 2022, projecting revenues between RMB480 million and RMB520 million.

First High-School Education Group Co., Ltd. (NYSE: FHS) plans to release its unaudited financial results for the fiscal year 2021 on April 13, 2022, before U.S. markets open. The company, focused on high school education in Western China, aims to lead in private education innovation. Management will host an earnings conference call at 8:00 AM ET on the same day. Interested parties can access the replay of the call until April 20, 2022. For further information, the company's investor relations website is https://ir.diyi.top/.

First High-School Education Group Co., Ltd. (NYSE: FHS) announced on April 5, 2022, that it received a non-compliance letter from the NYSE, dated March 29, 2022. The letter states the company is below compliance standards due to a total market capitalization of approximately US$47.4 million and stockholders' equity of US$23.6 million, both below the US$50 million threshold. The company must submit a compliance plan by June 27, 2022, and has until September 29, 2023, to regain compliance.

First High-School Education Group has appointed Ms. Ning Zhou as an independent director and audit committee member, effective February 26, 2022. Her extensive experience in accounting and finance is expected to enhance the company's financial oversight. The board now includes six directors, with three being independent. Ms. Zhou holds multiple degrees and is a Fellow of CPA Australia. This strategic appointment aims to strengthen the company's governance and internal control management within the expanding market of private high school education in Western China.

First High-School Education Group Co., Ltd. (NYSE: FHS) announced a voluntary update on its business operations amid unusual fluctuations in its share price. The board confirmed that operations are proceeding normally and in compliance with all relevant laws and regulations. They are monitoring any potential changes that could impact their business adversely. The Company aims to be a leader in private high school education in China, focusing on comprehensive education management services.

First High-School Education Group (FHS) announced a preliminary dividend distribution plan, contingent on achieving net income for the fiscal year ending December 31, 2021. The dividend's exact amount and payment timing will depend on board approval and various factors, including financial conditions and capital requirements. The company aims to support shareholders while maintaining operational sustainability. As an education service provider focused on high schools in Western China, FHS strives to innovate within the private education sector.

First High-School Education Group Co., Ltd. (NYSE: FHS) announced the establishment of the Beijing Long-Spring Ordinary-Vocational Education Integration Development and Research Institute to promote ordinary-vocational integration in China's education system. The Institute aims to enhance research on integrating ordinary and vocational education. The Company plans to open two new comprehensive high schools in 2022 to capitalize on educational opportunities in central and western China. This initiative aligns with government policies encouraging vocational training and school-enterprise cooperation.