Independent school network, CURRO saw a significant increase in Q1
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GUEST - Cobus Loubser - Curro Holdings CEO
JSE-listed private schooling group Curro Holdings reported 3% growth in student numbers across its portfolio to 72 385 in the six months to the end of June 2023, which boosted revenue and profits, but also raised costs.
On Monday the group confirmed to investors that the growth in student numbers has supported a 14% surge in tuition fees over the half year. This, together with annual fee increases, have supported the 16% growth in revenue to R2.38 billion.
JSE-listed private schooling group Curro Holdings reported 3% growth in student numbers across its portfolio to 72 385 in the six months to the end of June 2023, which boosted revenue and profits, but also raised costs.
On Monday the group confirmed to investors that the growth in student numbers has supported a 14% surge in tuition fees over the half year. This, together with annual fee increases, have supported the 16% growth in revenue to R2.38 billion.
