Raffles Education (SGX:NR7) booked a profit after tax of SG$21.1 million in the fiscal third quarter ended March 31, against a loss of SG890,000 a year earlier, according to a Thursday filing with the Singapore Exchange.
Shares of the education services provider were up over 2% in Friday trading.
Revenue declined 14% year over year to SG$24.5 million from SG$28.5 million.
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