Koolearn Technology Holding Limited provided earnings guidance for the six months ended November 30, 2020. For the period, the company reported that the board of directors of the Company to informed the shareholders of Company and potential investors that, based on a preliminary review of Group's unaudited consolidated management accounts currently available to the Board, Group is expected to record a substantial net loss for the six months ended 30 November 2020 of between RMB 600 million and RMB 700 million, compared with a net loss of RMB 87.5 million for the six months ended 30 November 2019.