5 Aug 2015

Intueri Education lowers full year profit forecast

From Business News, 12:24 pm on 5 August 2015

Intueri Education Group has lowered its forecast full year earnings by as much as 18 percent, due to lower demand for training and higher compliance costs. The vocational education provider says its underlying gross profit is expected to be between 27 and 29-million dollars for the year to December, compared with an earlier forecast of between 30 and 33-million, although it has no plans to change its dividend policy.