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Higher learner enrolment numbers boosted Curro’s top line during its financial year. The private school group has delivered a 17% jump in annual revenue, but this did not translate to its bottom line, as impairments and finance costs weighed on the company, resulting in a 6% dip in profit. Business Day TV spoke to Curro CEO Cobus Loubser for more detail.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Impairments eat into Curro’s profit
Business Day TV speaks to Curro CEO Cobus Loubser
Higher learner enrolment numbers boosted Curro’s top line during its financial year. The private school group has delivered a 17% jump in annual revenue, but this did not translate to its bottom line, as impairments and finance costs weighed on the company, resulting in a 6% dip in profit. Business Day TV spoke to Curro CEO Cobus Loubser for more detail.
Or listen to full audio
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Curro sees increase in emigration numbers but enrolments grow
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Curro flags increased profits as enrolment grows
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