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Overseas Education's FY2023 earnings up 27.4%, sees growing enrolment from expat families

The Edge Singapore
The Edge Singapore • 1 min read
Overseas Education's FY2023 earnings up 27.4%, sees growing enrolment from expat families
The company plans to pay a final dividend of 1.3 cents
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Overseas Education has reported FY2023 earnings of $6.7 million for the year ended Dec 31, 2023, up 27.4% y-o-y. Revenue in the same period was up 14.4% y-o-y to $84.5 million.

The company, which runs the Overseas Family School, plans to pay a dividend of 1.3 cents, up from 1.1 cents paid for the preceding FY2022.

Overseas Education attributes the better turnover to higher student enrolment during FY2023.

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