Ambow Provides Third Quarter and Full-Year 2011 Revenue Guidance

   Date:2011/08/19

BEIJING, Aug. 18, 2011 /PRNewswire-Asia/ -- Ambow Education Holding Ltd (NYSE: AMBO), is pleased to guide today that it expects net revenues for the third quarter of 2011 to be between $64 million to $67 million(1) (RMB 415 million to RMB 430 million).

The company is further providing net revenues guidance for 2011 which is expected to be between $ 276 million to $ 280 million (RMB 1,785 million to RMB 1,810 million), representing a 27.1 % - 28.8% year-over-year increase compared to 2010.

The net revenues the company is guiding towards for 2011 would represent a record high since the company's inception and reflect substantial growth in our career enhancement and tutoring segments, from 2010.

Source:PRNewswire

2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号