While the pandemic severely disrupted the delivery of education across the world, listed education companies showed some resilience and their enrolments remained robust. However, their ability to increase fees and earn revenue from adjunct services were severely curtailed.
The ongoing need for private education in the face of public sector failure, limited places at public institutions, and the growth in online learning resulting from the pandemic continue to be the drivers of growth in this sector. In the year to end-December, which included nine months of lockdown, listed education companies ADvTECH, Curro and Stadio performed relatively well, but investors remain somewhat reticent due to continued uncertainty about further Covid waves and escalating affordability issues due to the economic slump.
Results
Denne historien er fra 14 May 2021-utgaven av Finweek English.
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Denne historien er fra 14 May 2021-utgaven av Finweek English.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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THE HEALTH OF SA'S MEDICAL SCHEMES
As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.
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Big city living exodus
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