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Overseas Education 1HFY2023 earnings up 56.4% y-o-y on recovery of student numbers

The Edge Singapore
The Edge Singapore • 1 min read
Overseas Education 1HFY2023 earnings up 56.4% y-o-y on recovery of student numbers
Overseas Education is cautiously optimistic that student enrolment will increase in tandem with inflow of expatriate families
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Overseas Education, which runs the Overseas Family School, has reported earnings of $4.4 million for 1HFY2023, up 56.4% y-o-y.

Revenue in the same period was up 16% to $42.2 million, thanks to an improvement in student enrolment after all border measures were fully lifted.

The company does not plan to pay an interim dividend.

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