Think Childcare Group Reports Earnings Results for the Half Year Ended June 30, 2021
August 17, 2021 at 06:15 pm EDT
Share
Think Childcare Group announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was AUD 84.899 million compared to AUD 48.872 million a year ago. Net income was AUD 323,000 compared to net loss of AUD 359,000 a year ago.
Think Childcare Limited is an Australia-based company that provides childcare services. The Company operates through two segments: Child Care Operations and Child Care Development. Child Care Operations segment owns and operates predominately mature childcare services, provides management services to clients, third-party incubator partners and Think Child care Development (TND) and Acquires child care services from third-party incubator partners and TND. Child Care Development segment develops purpose-built childcare services under the Nido brand. The Company offers specifically designed programs to manage all aspects of a child's development through stimulating and nurturing experiences through a play-based learning curriculum. The Company owns, manages and operates long day childcare facilities for children between the ages of six weeks and six years old. The Company owns and manages approximately 78 centers across Australia.