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informatics education ltd (INFO) Snapshot

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09/26/13 - $0.12
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informatics education ltd (INFO) Details

Informatics Education Ltd., an investment holding company, franchises and licenses computer and commercial training centers, and examination facilitators in Singapore, the United Kingdom, the Asia Pacific, and internationally. The company operates through two segments, Higher Education and Corporate Training. The Higher Education segment offers diploma, advanced diploma, degree, masters, and doctorate qualifications in a range of business, engineering, and technological subjects to college going students and lifelong learners, as well as through an online virtual campus. The Corporate Training segment provides training and skills upgrading and enhancement to the general workforce in technical and non-technical areas. The company also offers computer and business education and training services; business management consultancy and child development services; and operation system support services. In addition, it is involved in the operation of e-learning portal that offers e-learning for higher education, corporations, and education services. The company provides its services through a network of approximately 273 centers in 53 countries. Informatics Education Ltd. was founded in 1983 and is based in Singapore.

informatics education ltd (INFO) Top Compensated Officers

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informatics education ltd (INFO) Key Developments

Informatics Education Ltd. Reports Unaudited Group Earnings Results for the First Quarter Ended June 30, 2014

Informatics Education Ltd. reported unaudited group earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported revenue of SGD 3,773,000 compared to revenue of SGD 6,080,000 for the same period a year ago, mainly due to lower students enrolled in Singapore and United Kingdom operations. Loss from operations was SGD 2,249,000 compared to profit from operations of SGD 580,000 last year. Loss before taxation was SGD 2,165,000 compared to profit before taxation of SGD 634,000 last year. The decline was mainly due to lower revenue, absence of other operating income and higher staffing costs partially offset by lower depreciation. Loss after tax was SGD 2,170,000 compared to profit after tax of SGD 618,000 last year. Loss attributable to equity holders of the company was SGD 2,170,000 or 0.15 cents per diluted share compared to profit attributable to equity holders of the company of SGD 618,000 or 0.04 cents per diluted share last year. Net cash used in operating activities was SGD 2,418,000 compared to SGD 1,744,000 last year. Purchase of property, plant and equipment was SGD 17,000 compare to SGD 131,000 last year. Net asset value per ordinary share was 1.46 cents as on June 30, 2014 compared to SGD 1.60 as on March 31, 2014.

Informatics Education Ltd., Special/Extraordinary Shareholders Meeting, Jul 25, 2014

Informatics Education Ltd., Special/Extraordinary Shareholders Meeting, Jul 25, 2014., at 14:30 Singapore Standard Time. Location: Carlton Hotel Singapore, Empress Ballroom 5, Level 2. Agenda: To consider proposed share purchase mandate.

Informatics Education Ltd., Annual General Meeting, Jul 25, 2014

Informatics Education Ltd., Annual General Meeting, Jul 25, 2014., at 14:00 Singapore Standard Time. Location: Carlton Hotel Singapore. Agenda: To receive and adopt the audited financial statements for the financial year ended March 31, 2014 together with the reports of the directors and auditors thereon; to approve the payment of Directors' Fees of SGD 160,000 for the financial year ended March 31, 2014; to consider re-election of Directors retiring pursuant to the company's Articles of Association; to re-appoint Ernst & Young LLP as Auditors of the company for the financial year ending March 31, 2015 and to authorise the Directors to fix their remuneration; to consider issue shares in the capital of the company whether by way of rights, bonus or otherwise, General Mandate to Directors to issue Shares; and to transact any other business that may be transacted at an Annual General Meeting of which due notice shall have been given.


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