Child Care Sector Still Attractive but Further Improvement Dependent on Occupancy Growth
Child care stocks have performed well in recent months, but the February 2019 reporting season needs to provide further evidence of improvement in child care centre occupancy rates to support higher share prices. The share price rally that began last November was triggered by evidence that the oversupply of child care centres was finally abating and being offset by increased demand due to the introduction of the Child Care Subsidy, or CCS, in July last year. This turnaround is in line with our i...G8 Education is engaged in the operation of early education centres owned by Co., and ownership of early education centre franchises. Co. operates in Australia and Singapore.
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