PRIVATE education group Advtech reported on Monday that revenue was up 28% to R1.6bn due to enrolment growth in its school and tertiary divisions.The owner of the Trinity House, Crawford College and Varsity College brands reported headline earning of R189.6m during the six months to end-June.It declared an interim dividend of 13.5c per share, an 8% increase on the matching period’s 12.5c.Advtech said that its enrolment had increased by 20% in the tertiary division, it reported a 6% increase in its school division.The company has 25,062 children enrolled in its schools and 29,138 students in its tertiary division.The tertiary division, which includes Rosebank College, Vega, The Design School Southern Africa, Varsity and Forbes Lever Baker, contributed 36% of group revenue — an 20% increase to R593m.READ THIS: STRAIGHT TALK: Fees must fall into partnershipsThe school division brought in half of Advtech’s revenue, the company said, adding that the division continued to reap the benefi...
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