Top Education Group Ltd. provided preliminary unaudited consolidated group earnings guidance for the year ended 30 June 2023. For the year, the group expects to record a profit before tax of approximately AUD 1.8 million, representing a turnaround as compared to a loss before tax of approximately AUD 1.6 million for the corresponding period in 2022. The Board considers that such turnaround is primarily attributable to the ease of COVID-19 pandemic and the lifting of Australian international border restrictions, as well as expansion in choice and flexibility of curriculum and courses, which resulted in an increase in student enrolment and therefore, revenue to the Group.
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5-day change | 1st Jan Change | ||
0.044 HKD | +10.00% | +10.00% | +2.33% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+2.33% | 13.48M | |
-17.51% | 436M | |
+6.78% | 261M | |
-26.56% | 157M | |
+31.48% | 146M | |
+5.88% | 58.02M |
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- Top Education Group Ltd Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended 30 June 2023