Detail akcie ATA Depository Receipt online

Business Summary: ATA Creativity Global (ATA) is a China-based company mainly providing international educational services. The Company's main businesses include providing international educational experiences related to the cultivation and improvement of students' creativity. The Company's principal product and service are portfolio training services which it provide to students in China who are interested in studying art overseas.
Financial Summary: BRIEF: For the three months ended 31 March 2024, ATA Creativity Global (ADR) revenues increased 14% to RMB48.1M. Net loss increased 1% to RMB17.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Sales and marketing increase of 21% to RMB22.6M (expense), Research and development increase of 8% to RMB1M (expense), Foreign currency exchange loss.