IDP Education Ltd. (AU:IEL) has released an update.
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IDP Education Ltd. has reported a 6% increase in revenue from ordinary activities totaling $1,037,246,000 for the fiscal year ending June 30, 2024, despite a 10% decrease in net profit to $133,532,000. The decline in net profit is also reflected in an 11% decrease in profit attributable to the company’s owners. The report also includes details on dividends, with a final dividend declared after the balance date, and highlights a significant proportion of the company’s assets being intangible in nature.
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