KUALA LUMPUR: HELP INTERNATIONAL CORPORATION [] Bhd net profit for the first quarter ended Jan 31, 2011 rose 12.4% to RM2.73 million from RM2.42 million a year earlier, driven mainly by higher revenue collection.
Revenue for the quarter increased to RM24.29 million from RM23.51 million. Earnings per share was 1.90 sen, while net assets per share was 82 sen.
Commenting on its prospects, HELP said on Friday, March 25 that the education industry continued to be strong with further demand for quality education.
The company said while its home-grown courses continued to excel, its partnership with the Pearson group and the recent investment in Bridge2think AG would enable it to reach a larger base of foreign students overseas and tap into growing online learning market globally.
'HELP is constantly on the lookout to further expand our presence abroad.
'We are bullish about the Indonesian market and will continue to build more partnerships in the Asean region, it said.
HELP said it was remain confident that the group was fundamentally strong and expect its the performance to be satisfactory for the financial year ending Oct 31, 2011.
Revenue for the quarter increased to RM24.29 million from RM23.51 million. Earnings per share was 1.90 sen, while net assets per share was 82 sen.
Commenting on its prospects, HELP said on Friday, March 25 that the education industry continued to be strong with further demand for quality education.
The company said while its home-grown courses continued to excel, its partnership with the Pearson group and the recent investment in Bridge2think AG would enable it to reach a larger base of foreign students overseas and tap into growing online learning market globally.
'HELP is constantly on the lookout to further expand our presence abroad.
'We are bullish about the Indonesian market and will continue to build more partnerships in the Asean region, it said.
HELP said it was remain confident that the group was fundamentally strong and expect its the performance to be satisfactory for the financial year ending Oct 31, 2011.
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