EDU Holdings Limited (AU:EDU) has released an update.
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EDU Holdings Limited has announced a significant 40% increase in total student enrollments for Term 4, 2024, at its vocational education arm, Australian Learning Group (ALG), despite impending government caps on international student numbers. The company is facing a potential 58% reduction in new international enrolments for 2025 due to regulatory changes. EDU Holdings is actively discussing the issue with government bodies and developing plans to address the anticipated impact on its operations and finances.
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