BEIJING, May 28, 2019 /PRNewswire/ — RYB Education, Inc. (“RYB” or the “Company”) (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the first quarter of 2019.

First Quarter 2019 Operational and Financial Summary 

Number of students enrolled at RYB directly operated kindergartens was 24,572 as of March 31, 2019, compared with 22,087 as of March 31, 2018. Net revenues increased by 19.2% to $34.3 million, compared with $28.8 million for the first quarter of 2018. Gross profit was $1.8 million, compared with $0.6 million for the first quarter of 2018. Net loss attributable to ordinary shareholders of RYB for the first quarter of 2019 was $2.3 million, compared with $2.7 million for the first quarter of 2018. Adjusted net loss

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