Revenue, however, increased 10% y-o-y to $23.3 million.
Raffles Education Corporation (REC) has reported a loss of $9.6 million for the first quarter ended Sept 30, deepening into the red from the $1.6 million loss it registered in the same period a year ago.
Loss per share stood at 69 cents in the 1QFY2022, from the 12 cents a year ago.
