COMPANY RESULTS: Curro’s star keeps rising as private school group posts healthy results

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The numbers are up, it’s investing R800m in capital expansion to maintain, refurbish and expand, and is keeping a close eye on bad debt.

You can’t put a price on a great education. Or, in Curro’s case, a lid on the growth of a solid private offering. The private education group has delivered robust annual results, with top academic outcomes alongside growth in profitability, revenue and pupil numbers, in spite of the weakening economy.

In addition to swelling pupil numbers, Curro’s recurring headline earnings increased by 34.7% to R330-million. “If you unpack that carefully, fee revenue, comprising gross fees that we invoice and discounts that we provide thereon, went up 15.8%. To fortify its business against power outages by about two levels of blackouts, Curro has also invested R45-million in backup power and metering solutions in 2022, enabling it to achieve greater energy independence, reduce costs and mitigate disruptions.

The remaining debtors’ book, net of the expected credit loss provision, consists of R137-million of actively enrolled accounts and R112-million of inactive accounts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Watch all the intro lines...white achievement gets mentioned specifically, but Kagiso Rababa's you had to club into a group with other whites. It pained DM to single him (and his single achievement) out. Racist journos he'll hellbent on pushing a narrative. Sies.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COMPANY RESULTS: Blackouts cost Woolies R15m a month in profits last yearEveryone’s feeling the pain from rolling blackouts – even those juicy Woolies chickens. But if you’re a shareholder, you should be delighted as the retailer has declared an interim dividend almost twice that posted in 2021, from 80.5c per share to 158.5c/share. Le busy ka dinywek out. Prof Phakeng a re one of you daar mafaseng kae kae. 😂😂😂
Source: dailymaverick - 🏆 3. / 84 Read more »

#FiveThingsYouNeedToKnow: A Turkish company seeking to supply power to South AfricaElon Musk is the wealthiest person in the world again 💰 Here are five things you need to know as you wake up. DarrenKeriSkyOnECR FiveThingsYouNeedToKnowAsYouWakeUp So I tried trading with $450 through the help of Tradeeducator last week and it was all fun as I got my profits of $3500 in just a week Please reachout to him...forex and crypto are next manna...
Source: ecr9495 - 🏆 38. / 51 Read more »