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:
International Business Settlement Holdings Ltd
of Hong Kong
sales of 543.33 million Hong Kong Dollars [US$69.46 million]
of which 98%
was Property Development),
Sunzen Biotech Bhd
(300.43 million Malaysian Ringgits [US$71.82 million]
based in Japan
(7.43 billion Japanese Yen [US$68.71 million]
of which 100%
was EC Solution Service Business).
Raffles Education Corporation Limited reported sales of 96.83 million Singapore Dollars (US$70.47 million)
June of 2018.
a very small
increase of 0.6%
versus 2017, when the company's sales were 96.22 million Singapore Dollars.
Despite this increase, sales are still
below the level achieved in 2016, when Raffles Education Corporation Limited
reported sales of 111.03 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
17.9% in 2018, from
3.94 million Singapore Dollars to 4.65 million Singapore Dollars.
Raffles Education Corporation Limited also saw significant increases in sales in
Education Facilities Rental Service (up 10.4% to 13.16 million Singapore Dollars)
Not all segments of Raffles Education Corporation Limited experienced an increase in sales in 2018:
sales of Corporate and Others fell 57.1% to 18,000.00 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 1.6% to 79.01 million Singapore Dollars)