Bright Scholar Education Holdings Ltd. (NYSE:BEDU) Q1 2024 Earnings Conference Call February 6, 2024 8:00 AM ET Company Participants Ruby Yim - IR Counsel Robert Niu - Chief Executive Officer Cindy Hui Zhang - Chief Financial Officer Conference Call Participants Operator Good morning, and thank you for standing by for Bright Scholar's First Fiscal Quarter of Fiscal 2024 Earnings Conference Call. [Operator Instructions]. Today’s conference is being recorded. I would now like to turn the meeting over to your ...

FOSHAN, China, Feb. 5, 2024 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its unaudited financial results for the first fiscal quarter ended November 30, 2023. FINANCIAL PERFORMANCE HIGHLIGHTS First Fiscal Quarter Ended November 30, 2023 (in comparison to the same quarter of the last fiscal year): RMB in million Except EPS and % First Fiscal Quarter Ended November 30, 20 ...

FOSHAN, China, Jan. 30, 2024 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced that it will release its unaudited financial results for the first fiscal quarter of fiscal 2024 ended November 30, 2023, on February 5, 2024, after the US market closes. The earnings press release will be available on the investor relations page at http://ir.brightscholar.com. Conference Call BEDU's ...

FOSHAN, China, Jan. 18, 2024 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced changes in its management. The Company received a letter of resignation dated January 3rd, 2024 from Mr. Hongru Zhou, notifying the Company of his resignation as the chief executive officer of the Company for personal reasons not resulting from any disagreement with the Company, its management, board of directors ...

BEDU The New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR THE SECURITIES ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...

Exhibit 99.1 Bright Scholar Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year 2023 FOSHAN, China, Nov. 27, 2023 /PRNewswire/—Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended August 31, 2023. FINANCIAL PERFORMANCE HIGHLIGHTS Fourth Fiscal Quarter Ended August 31, 2023 Financial ...

Revenue and Profitability - Revenue for the six months ended February 28, 2023, was RMB 977.5 million, an increase of 11.9% compared to RMB 873.5 million for the same period last year[11]. - Gross profit for the period was RMB 295.2 million, representing a 14.0% increase from RMB 258.9 million year-over-year, with a gross margin of 30.2%[13]. - Operating income for the period was RMB 25.7 million, a significant improvement from an operating loss of RMB 22.9 million in the same period last year, resulting in an operating margin of 2.6%[14]. - Adjusted net loss for the period narrowed to RMB 2.7 million from RMB 46.4 million, marking a year-over-year improvement of 94.1%[16]. - Revenue from Overseas Schools increased by 17.4% to RMB 402.9 million, accounting for 41.2% of total revenue[5]. - Revenue from Complementary Education Services rose by 14.5% to RMB 365.3 million, representing 37.4% of total revenue[6]. - Domestic Kindergartens & K-12 Operation Services revenue decreased slightly to RMB 209.3 million from RMB 211.3 million, accounting for 21.4% of total revenue[12]. - Net loss attributable to ordinary shareholders for the six months ended February 2023 was RMB 12,431, a reduction from a net loss of RMB 49,328 for the same period in 2022, indicating a decrease in loss of approximately 74.8%[37]. - Net loss decreased from RMB 52,938 thousand to RMB 8,808 thousand, showing an improvement of 83.4%[43]. - Adjusted net loss attributable to ordinary shareholders improved from RMB 42,779 thousand to RMB 6,363 thousand, a reduction of 85.2%[43]. Cash and Assets - As of February 28, 2023, the company's cash and cash equivalents totaled RMB 826.3 million, down from RMB 856.1 million as of August 31, 2022[20]. - Cash and cash equivalents as of February 2023 were RMB 630,294, down from RMB 664,769 as of August 31, 2022, representing a decrease of approximately 5.2%[33]. - Cash and cash equivalents at the end of the period decreased from RMB 1,492,620 thousand to RMB 827,964 thousand, a drop of 44.4%[40]. - Total assets as of February 2023 were RMB 5,021,010, an increase from RMB 4,953,131 as of August 31, 2022[34]. - Total liabilities as of February 2023 were RMB 3,077,493, compared to RMB 3,057,588 as of August 31, 2022, showing a slight increase of about 0.6%[35]. Future Outlook - The company expects revenue for the fiscal year 2023 to be between RMB 1.9 billion and RMB 2.0 billion, reflecting a year-over-year growth of 10% to 15%[21]. - The company continues to focus on providing quality international education and expanding its market presence globally[29]. Operating Performance - Adjusted EBITDA for the period was RMB 63.5 million, down 50.3% from RMB 127.7 million in the same period last year[19]. - Adjusted EBITDA decreased from RMB 127,664 thousand to RMB 63,462 thousand, a decline of 50.3%[43]. - Net cash generated from operating activities improved from a negative RMB 385,616 thousand to a positive RMB 23,536 thousand[40]. - Net cash used in investing activities significantly decreased from RMB 1,181,644 thousand to RMB 11,956 thousand, indicating a reduction in investment outflows[40]. Share Information - The company reported a weighted average of 118,669,795 shares used in calculating adjusted net loss per ordinary share, with a loss per share of RMB (0.05) for the period ended February 2023[43].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR THE SECURITIES ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the fiscal year ended August 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of even ...

FOSHAN, China, November 29, 2022 /PRNewswire/—Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended August 31, 2022. FINANCIAL PERFORMANCE HIGHLIGHTS Exhibit 99.2 Bright Scholar Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year 2022 2. Adjusted operating income/(loss) from continuin ...