Intueri triples first-half profit as earnings boosted by acquisitions

Sun, 24 Aug 2014

By Tina Morrison Aug. 25 (BusinessDesk) - Intueri Education Group, New Zealand's largest private training company, more than tripled first-half profit as it benefited from its acquisition of a half-share in an Australian online education service and from its purchase of New Zealand education provider Quantum Education Group. Profit rose to $1.6 million, or 4.21 cents a share, in the six months ended June 30, from $491,000, or 4.67 cents, in the year earlier period, the Auckland-based company said in a statement. Revenue increased 71 perce...

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