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Raffles Education Corp reverses into black with $1.5 mil earnings in 3QFY2022

Felicia Tan
Felicia Tan5/9/2022 07:48 PM GMT+08  • 2 min read
Raffles Education Corp reverses into black with $1.5 mil earnings in 3QFY2022
In the 9MFY2022, however, the company posted a 69% y-o-y decline in earnings to $10.3 million.
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Raffles Education Corporation has reported earnings of $1.5 million in the 3QFY2022 ended March, reversing from the loss of $2.7 million it posted in the corresponding period the year before.

In the 9MFY2022, however, the company posted a 69% y-o-y decline in earnings to $10.3 million.

Earnings per share (EPS) for the 3QFY2022 stood at 0.11 cents, up from the loss per share of 0.19 cents in the same period the year before.

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