T. H. Data Flash – TAL Education Group (TAL) – FY2Q19E: Enrollments and Course Structural Changes Drive FY2Q19 Revenue but Policy Uncertainty Remains

  • T. H. Data Flash – TAL Education Group (TAL) – FY2Q19E: Enrollments and Course Structural Changes Drive FY2Q19 Revenue but Policy Uncertainty Remains

We expect TAL to have positive performance in the quarter, but we see continued uncertainty from government policies and regulations. In 2018, the government issued multiple new regulations and policies in the non-public education area and we cannot rule out the possibility of no more potential policies/regulations to follow.

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T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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