South Africans are flocking to private universities

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Stadio Holdings, which also owns Milpark Education and AFDA, has seen a massive rise in earnings and profits.

Stadio Holdings has seen a significant increase in the number of on-campus and distance-learning students – but remote learning has kicked off in a big way.

“The Group’s distance learning student numbers are still impacted by the legacy business-to-business Milpark Education business offerings.” “The final Milpark Education contact learning students are transitioning out of the student number base for the period in accordance with Milpark Education’s shift to focus only on the online distance learning mode of delivery.”The group’s revenue grew by 16% to R1,414 million , with EBITDA increasing by 11% to R391 million .

 

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