Puxin Limited announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was CNY 718.313 million compared to CNY 859.319 million a year ago. Operating loss was CNY 136.269 million compared to CNY 93.839 million a year ago. Net loss was CNY 68.808 million compared to CNY 108.828 million a year ago. Basic loss per share from continuing operations was CNY 0.39 compared to CNY 0.63 a year ago. For the full year, sales was CNY 2,903.915 million compared to CNY 3,103.958 million a year ago. Operating loss was CNY 172.365 million compared to CNY 357.543 million a year ago. Net loss was CNY 32.206 million compared to CNY 518.533 million a year ago. Basic loss per share from continuing operations was CNY 0.18 compared to CNY 3.03 a year ago.