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Test Services Provider ATA FY Profit Up 50%

2009-05-14 722


Date:14/05/2009


Computer-based testing services provider ATA Inc.'s (Nasdaq:ATAI) preliminary results show net income hit RMB 30.7 million in the fiscal year ending March 31, 2009, compared to RMB 20.2 million in the year-ago period. Net revenue for the year rose 27.6% year-on-year to RMB 219.6 million ()2.1 million).  Overall tests delivered by the Beijing-based company increased 39.4% annually to about 5.1 million. ATA expects net revenue for the fiscal year ended March 31, 2010 to increase 18-28% year-on-year to RMB 260-280 million.

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