China Education Resources Inc. Made US$978,466 in Net Income in Q2 2020

Vancouver, British Columbia–(Newsfile Corp. – September 1, 2020) – China Education Resources, Inc. (TSXV: CHN) (OTCQB: CHNUF) (“CER”), an ed-tech company with leading technology of intelligent system and contents which provides online/offline learning, training courses and social media for teachers, students and education professionals, announced its financial results for the second quarter of 2020. All figures are expressed in U.S. dollars.

China Education Resources generated a gross revenue of $3,734,501 in the second quarter of 2020 as compared with a gross revenue of $4,250,617 for the same period in 2019. It recorded a net income of $795,883 attributable to CER’s shareholders as compared with a net income of $423,482 attributable to CER’s shareholders for the same period in 2019.

During the six months ended June 30, 2020, CER generated a revenue of $4,333,775 as compared with $6,136,996 for the same period in 2019. The net income attributable to the shareholders

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