Sunlands(STG) - 2023 Q2 - Quarterly Report

Exhibit 99.1 Sunlands Technology Group Announces Unaudited Second Quarter 2023 Financial Results Q2 net revenues decreased by 5.2% year-over-year Q2 gross billings (non-GAAP) decreased by 4.2% year-over-year Q2 net income reached RMB173.9 million BEIJING, August 18, 2023 -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second ...