Aug 12, 2010

Informatics narrows Q1 loss, student intake down

By ANGELA TAN

Education provider, Informatics Education Ltd, reported a net loss of S$918,000 for the fiscal first quarter ended June 30. 2010, compared to a net loss of S$1.25 million a year ago.

Operating revenue was down 9 per cent from a year ago, at S$7.99 million as the group continues to see lower student recruitment in its school operations.

Dividend : None