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Raffles Education posts 3Q losses narrowed by 84% to $0.6 mil

Samantha Chiew
Samantha Chiew5/8/2019 06:30 PM GMT+08  • 1 min read
Raffles Education posts 3Q losses narrowed by 84% to $0.6 mil
SINGAPORE (May 8): Raffles Education, the private education provider, reported 3Q19 losses narrowed to $0.6 million from losses of $4.0 million in 3Q18.
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SINGAPORE (May 8): Raffles Education, the private education provider, reported 3Q19 losses narrowed to $0.6 million from losses of $4.0 million in 3Q18.

In 9M19, losses widened to $16.7 million from $11.3 million in 9M18 though.

Revenue for the quarter was 5% higher at $24.9 million from $23.8 million in the previous year.

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