Raffles Education Corporation Limited operates in the Vocational schools sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Raffles Education Corporation Limited with three other
miscellaneous service companies in Asia:
Zee Learn Ltd
sales of 5.17 billion Indian Rupees [US$72.31 million]
of which 77%
was Educational Services and related activit),
Apax Holdings JSC
(1.67 trillion Dong [US$71.90 million]
GNI Group Limited
based in Japan
(7.45 billion Japanese Yen [US$67.83 million]
Raffles Education Corporation Limited reported sales of 97.85 million Singapore Dollars (US$70.30 million)
June of 2019.
a very small
increase of 1.1%
versus 2018, when the company's sales were 96.83 million Singapore Dollars.
Sales of Real Estate Investment and Development saw an increase
that was more than double the company's growth rate: sales were up
14.2% in 2019, from
4.65 million Singapore Dollars to 5.31 million Singapore Dollars.
Raffles Education Corporation Limited also saw significant increases in sales in
Education Facilities Rental Service (up 10.9% to 14.59 million Singapore Dollars)
Not all segments of Raffles Education Corporation Limited experienced an increase in sales in 2019:
sales of Corporate and Others fell 38.9% to 11,000.00 Singapore Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Raffles Education Corporation Limited also experienced decreases in sales in
Education (down 1.3% to 77.94 million Singapore Dollars)