DL China Distance Education Holdings Limited

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 30, 2016

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Exhibit 99.1

China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2016

- Fourth Quarter 2016 Net Revenue Up 7.5% Year-Over-Year to $38.2 Million, Exceeding Guidance -

- Fiscal Year 2016 Net Revenue Up 8.7% Year-Over-Year to $117.5 Million, Exceeding Guidance -

- Completes Share Repurchase Program of $40.0 million -

- Declares Annual Special Cash Dividend of $0.1125 per Ordinary Share or $0.45 per ADS -

BEIJING — November 29, 2016 — China Distance Education Holdings Limited (NYSE: DL) (“CDEL”, or the “Company”), a leading provider of online education in China focusing on professional education, today announced unaudited financial results for the fourth quarter and fiscal year 2016 ended September 30, 2016.

Fourth Quarter Fiscal 2016 Financial and Operational Highlights

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Fiscal Year 2016 Financial and Operational Highlights

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Mr. Zhengdong Zhu, Chairman and CEO of CDEL, said, “We are pleased to finish the fiscal year by exceeding our quarterly and full year guidance ranges, recording net revenue of $38.2 million in the fourth quarter and $117.5 million in fiscal 2016, representing year-over-year growth of 7.5% and 8.7%, respectively. Revenue growth from our accounting and engineering and construction verticals, books and reference materials and Xiamen NetinNet together contributed to our fourth quarter performance.”

Mr. Zhu added, “In fiscal 2016, we made steady progress in our strategic growth initiatives, notably K-12 teacher continuing education, our Open Learning Platform, mobile related products, Big Data solutions, and our College Cooperation Program, as well as the acquisition of an 80% equity interest in Xiamen NetinNet and the successful listing and planned share issuance of our Zhengbao Yucai subsidiary on China’s New Third Board. Heading into fiscal 2017, we look forward to executing our growth initiatives, while always being vigilant to acquisition and strategic investment opportunities, with the goal of continuing to drive shareholder value.”

Mr. Zhu concluded, “We are pleased to report that in August 2016 we concluded our year-long share repurchase program and are happy to report that, during this period, the Company repurchased 3.1 million ADS in the open market for a consideration of the full authorization of $40.0 million. We are proud that our strong cash generating ability allows us to consistently hold true to our commitment to maximizing shareholder value.”

Mr. Mark Marostica, Co-Chief Financial Officer of CDEL, said, “Better-than-expected fourth quarter revenue growth, coupled with continued disciplined financial management and diligent cost control contributed to fiscal year 2016 revenue growth of 8.7% year-over-year. Without the impact of the Renminbi depreciation against the U.S. Dollar, fiscal year 2016 revenue and non-GAAP operating income increased 14.2% and 13.8% year-over-year, respectively.”

Mr. Marostica added, “Turning to organic growth, excluding both the operating results of Xiamen NetinNet and the impact of the Renminbi depreciation against the U.S. Dollar, fiscal year 2016 net revenue and non-GAAP operating income increased 11.2% and 16.2% year-over-year, respectively, and as a result, our fiscal year 2016 non-GAAP operating margin improved 118 basis points year-over-year. Looking ahead, we will continue to balance our efforts to drive growth with a keen focus on profitability and prudent cost controls.”

Dividend

The Company today announced that its Board of Directors has approved and declared a special cash dividend of $0.1125 per ordinary share on its outstanding shares to shareholders of record as of the close of trading on January 6, 2017.

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Holders of American Depositary Shares (“ADS”), each representing four ordinary shares of CDEL, are accordingly entitled to a cash dividend of $0.45 per ADS. The depository, Deutsche Bank Trust Company Americas, will charge a fee of $0.02 per ADS when the dividends are distributed on or about January 13, 2017.

Subject to the Company’s ongoing financial performance, cash position, budget and business plan and market conditions, the Company’s Board of Directors will, on a yearly basis, consider paying a dividend.

Fourth Quarter Fiscal 2016 Financial Results

Net Revenue. Total net revenue increased by 7.5% to $38.2 million in the fourth quarter of fiscal 2016 from $35.6 million in the fourth quarter of fiscal 2015. Net revenue from online education services, books and reference materials, and other sources contributed 79.6%, 7.2% and 13.2%, respectively, of total net revenues for the fourth quarter of fiscal 2016.

Online education services. Net revenue from online education services increased by 1.5% to $30.5 million in the fourth quarter of fiscal 2016 from $30.0 million in the fourth quarter of fiscal 2015, mainly due to revenue growth in core accounting test preparation courses, and accounting and engineering and construction (“E&C”) continuing education courses. This increase was partially offset by decreased revenue in healthcare and E&C test preparation courses.

Books and reference materials. Net revenue from books and reference materials increased by 65.9% to $2.8 million in the fourth quarter of fiscal 2016, from $1.7 million in the fourth quarter of fiscal 2015.

Others . Net revenue from other sources increased by 28.9% to $5.0 million in the fourth quarter of fiscal 2016 from $3.9 million in the fourth quarter of fiscal 2015, primarily due to the recently acquired Xiamen NetinNet business, which contributed revenue of $1.9 million in the fourth quarter of fiscal 2016. This increase was partially offset by decreased revenue from offline accounting training courses and business start-up training services.

Cost of Sales. Cost of sales increased by 9.3% to $13.1 million in the fourth quarter of fiscal 2016 from $12.0 million in the fourth quarter of fiscal 2015. Non-GAAP ¹ cost of sales increased by 9.3% to $13.0 million in the fourth quarter of fiscal 2016 from $11.9 million in the fourth quarter of fiscal 2015. The increase was mainly due to increased salaries and related expenses, cost of books and reference materials, rental and related expenses, as well as expenses associated with Xiamen NetinNet. This increase was partially offset by decreased lecture fees.

Gross Profit . Gross profit increased by 6.5% to $25.2 million in the fourth quarter of fiscal 2016 from $23.6 million in the prior year period. Non-GAAP ¹ gross profit increased by 6.5% to $25.2 million in the fourth quarter of fiscal 2016 from $23.6 million in the prior year period. Gross margin was 65.8% in the fourth quarter of fiscal 2016, compared with 66.4% in the fourth quarter of fiscal 2015. Non-GAAP ¹ gross margin was 65.9% in the fourth quarter of fiscal 2016, compared with 66.5% in the fourth quarter of fiscal 2015.

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Operating Expenses. Total operating expenses increased by 29.1% to $11.0 million in the fourth quarter of fiscal 2016, from $8.5 million in the prior year period. Non-GAAP ¹ total operating expenses increased by 30.7% to $10.6 million in the fourth quarter of fiscal 2016, from $8.1 million in the prior year period.

Selling expenses. Selling expenses increased by 42.4% to $6.2 million in the fourth quarter of fiscal 2016 from $4.3 million in the prior year period. Non-GAAP ¹ selling expenses increased by 42.6% to $6.2 million in the fourth quarter of fiscal 2016 from $4.3 million in the prior year period. The increase was primarily driven by increased salaries and related expenses, increased advertising and promotional expenses, and increased commissions to online agents, together with expenses associated with Xiamen NetinNet.

General and administrative expenses. General and administrative expenses increased by 15.3% to $4.8 million in the fourth quarter of fiscal 2016 from $4.2 million in the prior year period. Non-GAAP ¹ general and administrative expenses increased by 17.1% to $4.4 million in the fourth quarter of fiscal 2016 from $3.8 million in the prior year period. The increase was mainly due to increased salaries and related expenses, as well as expenses associated with Xiamen NetinNet.

Income Tax Expense. Income tax expense decreased by 13.1% to $2.7 million in the fourth quarter of fiscal 2016 from $3.1 million in the prior year period, primarily due to a decrease in taxable income.

Net Income. As a result of the foregoing, net income decreased by 9.5% to $12.2 million in the fourth quarter of fiscal 2016 from $13.5 million in the prior year period. Non-GAAP ¹ net income decreased by 9.2% to $12.7 million in the fourth quarter of fiscal 2016 from $14.0 million in the prior year period.

Operating Cash Flow . Net operating cash inflow increased by 18.5% to $5.8 million in the fourth quarter of fiscal 2016 from $4.9 million in the prior year period. The operating cash inflow was mainly attributable to net income before non-cash items generated in the fourth quarter of fiscal 2016. The increase in accrued expenses and other liabilities, and income tax payable also contributed to the operating cash inflow. This operating cash inflow was partially offset by the increase in accounts receivable, other current assets, and decrease in deferred revenue.

Cash and Cash Equivalents, Term Deposits, Restricted Cash and Short-term Investments . Cash and cash equivalents, term deposits, restricted cash and short-term investments as of September 30, 2016 decreased by 2.0% to $70.5 million from $71.9 million as of June 30, 2016, mainly due to the repurchase of $4.2 million of ADSs on the open market, a long-term investment of $0.6 million, and capital expenditures of $1.8 million. This decrease was partially offset by cash flow of $5.8 million generated from operating activities in the fourth quarter of fiscal 2016.

Fiscal Year 2016 Financial Results

Net revenue. Total net revenue increased by 8.7% to $117.5 million in fiscal year 2016, from $108.2 million in fiscal year 2015. Net revenue from online education services, books and reference materials, and other sources contributed 79.9%, 6.9% and 13.2%, respectively, of total net revenues for fiscal year 2016.

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Online education services. Net revenue from online education services increased by 5.9% to $93.9 million in fiscal year 2016 from $88.7 million in fiscal year 2015.

Books and reference materials. Net revenue from books and reference materials increased by 17.4% to $8.1 million in fiscal year 2016 from $6.9 million in fiscal year 2015.

Others . Net revenue from other sources increased by 23.0% to $15.6 million in fiscal year 2016 from $12.6 million in fiscal year 2015.

Cost of Sales . Cost of sales increased by 9.0% to $48.3 million in fiscal year 2016, from $44.3 million in fiscal year 2015. Non-GAAP ¹ cost of sales increased by 9.0% to $48.2 million in fiscal year 2016 from $44.2 million in fiscal year 2015.

Gross Profit . Gross profit increased by 8.4% to $69.2 million in fiscal year 2016 from $63.8 million in fiscal year 2015. Non-GAAP ¹ gross profit increased by 8.4% to $69.4 million in fiscal year 2016 from $64.0 million in fiscal year 2015. Gross margin for fiscal year 2016 was 58.9%, compared with 59.0% in fiscal year 2015. Non-GAAP ¹ gross margin for fiscal year 2016 was 59.0%, compared with 59.1% in fiscal year 2015.

Operating Expenses . Total operating expenses increased by 10.4% to $41.3 million in fiscal year 2016 from $37.4 million in fiscal year 2015. Non-GAAP ¹ total operating expenses increased by 10.3% to $39.4 million in fiscal year 2016 from $35.8 million in fiscal year 2015.

Selling expenses. Selling expenses increased by 1.4% to $24.5 million in fiscal year 2016 from $24.2 million in fiscal year 2015. Non-GAAP ¹ selling expenses increased by 1.3% to $24.4 million in fiscal year 2016 from $24.1 million in fiscal year 2015.

General and administrative expenses. General and administrative expenses increased by 27.0% to $16.8 million in fiscal year 2016 from $13.2 million in fiscal year 2015. Non-GAAP ¹ general and administrative expenses increased by 28.9% to $15.0 million in fiscal year 2016 from $11.6 million in fiscal year 2015.

Income Tax Expense. Income tax expense increased by 4.7% to $6.2 million in fiscal year 2016 from $5.9 million in fiscal year 2015.

Net Income. Net income increased by 7.0% to $26.3 million in fiscal year 2016 from $24.6 million in fiscal year 2015. Non-GAAP ¹ net income increased by 7.4% to $28.3 million in fiscal year 2016 from $26.4 million in fiscal year 2015.

Operating Cash Flow. Net operating cash inflow increased by 2.9% to $38.9 million from $37.8 million in fiscal year 2015.

Cash and Cash Equivalents, Term Deposits, Restricted Cash and Short-term Investments . Cash and cash equivalents, term deposits, restricted cash and short-term investments as of September 30, 2016 decreased by 49.3% to $70.5 million from $138.9 million as of September 30, 2015.

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Outlook

For the first quarter of fiscal 2017, the Company expects to generate total net revenue in the range of $28.0 million to $29.2 million, representing year-over-year growth of approximately 15% to 20%.

The above guidance reflects the Company’s current and preliminary view, which is subject to change.

A telephone replay will be available approximately two hours after the call until December 7, 2016 by dialing:

Additionally, a live and archived webcast of the conference call will be available at http://ir.cdeledu.com .

About China Distance Education Holdings Limited

China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals seeking to obtain and maintain professional licenses and to enhance their job skills through our professional development courses in China in the areas of accounting, healthcare, engineering & construction, and other industries. The Company also offers other professional education courses for the national judicial examination, online test preparation courses for self-taught learners pursuing higher education diplomas or degrees, test preparation courses for university students intending to take the nationwide graduate school entrance exam, and online language courses. The Company also offers third-party developed online courses through its Online Open Learning Platform, a proprietary education platform that allows people to share their educational content or deliver live courses online. For further information, please visit http://ir.cdeledu.com.

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Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “may,” “should,” “potential,” “continue,” “expect,” “predict,” “anticipate,” “future,” “intend,” “plan,” “believe,” “is/are likely to,” “estimate” and similar statements. Among other things, the outlook for the first quarter of fiscal year 2017 and quotations from management in this announcement, as well as the Company’s strategic and operational plans (in particular, the anticipated benefits of strategic growth initiatives, including K-12 teacher continuing education, Open Learning Platform, mobile related products, Big Data solutions, and College Cooperation Program, as well as the acquisition of and strategic investment in Xiamen NetinNet and any other business and the listing and planned share issuance of Zhengbao Yucai on China’s New Third Board) contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic and annual reports to the SEC, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: goals and growth strategies; future prospects and market acceptance of the Company’s courses and other products and services; future business development and results of operations; projected revenues, profits, earnings and other estimated financial information; projected enrollment numbers; plans to expand and enhance courses and other products and services; competition in the education and test preparation markets; and Chinese laws, regulations and policies, including those applicable to the Internet, Internet content providers, the education and telecommunications industries, mergers and acquisitions, taxation and foreign exchange.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other documents filed or furnished with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Statement Regarding Unaudited Financial Information

The unaudited financial information set forth in this press release is preliminary and subject to adjustments. Adjustments to the financial statements may be identified when audit work is performed for the year-end audit, which could result in significant differences from this preliminary unaudited financial information.

Use of Non-GAAP Financial Measures

To supplement the Company’s consolidated financial results presented in accordance with U.S. generally accepted accounting principles, or GAAP, the Company uses the following measures defined as non-GAAP financial measures: non-GAAP net income, operating income, gross profit, cost of sales, selling expenses, general and administrative expenses, net income margin, operating margin, gross profit margin and basic and diluted earnings per ADS and per share. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned “Reconciliations of non-GAAP measures to comparable GAAP measures” set forth at the end of this release.

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The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based compensation expenses. However, non-GAAP financial measures may not be indicative of the Company’s operating performance from a cash perspective. The Company believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to the Company’s historical performance and liquidity. The Company computes its non-GAAP financial measures using the same consistent method from quarter to quarter. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of excluding share-based compensation expenses from the above-mentioned line items and presenting these non-GAAP measures is that such charges may continue to be for the foreseeable future a significant recurring expense in our business. Management compensates for this limitation by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying table at the end of this release provides more detail on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

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Note 1: Each ADS represents four ordinary shares

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