Q&K International Group Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2019. For the three months, the company reported total net revenues of RMB 335,832,000 against RMB 296,913,000 a year ago. Loss from operations was RMB 100,635,000 against RMB 137,784,000 a year ago. Net loss was RMB 125,136,000 against RMB 176,306,000 a year ago. Net loss per share attributable to ordinary shareholders of Q&K International Group Limited basic and diluted were RMB 0.57 against RMB 0.54 a year ago.

For the full year, the company reported total net revenues of RMB 1,233,770,000 against RMB 889,937,000 a year ago. Loss from operations was RMB 448,307,000 against RMB 426,435,000 a year ago. Net loss was RMB 498,337,000 against RMB 499,922,000 a year ago. Loss per share attributable to ordinary shareholders of Q&K International Group Limited basic and diluted was RMB 1.87 against RMB 1.55 a year ago.

For the first quarter of fiscal year 2020, the company expects net revenues to be between RMB 310.0 million and RMB 325.0 million.

For the three months, the company reported impairment loss of RMB 12,817,000 against RMB 30,060,000 a year ago.