Independent school operator ADvTech on Monday reported an 18% increase in revenue for the six months ended June 2022, to R3.38 billion.
Roy Douglas, the group’s chief executive officer, said that ADvTECH delivered another set of strong results that reinforce the group’s consistent performance and highlights the robust, resilient business model. ADvTech, compared to traditional schools, offers both school and tertiary group options. This, according to the directors of the company, gives it a significant advantage in that it has a significantly larger investment in intellectual property that can assist in shaping its curricula.
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