Rolling up to the next baby boom is proving profitable for G8 Education.
G8 Education reported a weak result for first-half 2016, with statutory net profit after tax, or NPAT, falling 12% to AUD 24.9 million. However, the result was affected by several one-off items, primarily comprising AUD 14 million in refinancing and foreign-exchange-related costs. On an underlying basis, NPAT increased 7% to AUD 32.5 million, although the NPAT margin fell from 10.0% in the prior comparable period to 9.1%. We don't forecast earnings on an interim basis, but the first-half result ...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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