HELP International Corporation Berhad and its subsidiaries ("HELP Group") recorded an encouraging profit before taxation of RM5.4 million on the back of a revenue of RM18.6 million for the 3 months from 1 February to 30 April 2007 in its first announcement of its quarterly results since public listing.
For the 6 months from 1 November 2006 to 30 April 2007, the Group recorded a revenue of RM32.0 million. In line with the revenue recorded, the Group reported a profit before taxation of RM7.3 million. HELP Group's healthy profits and cash flows since it was listed on 22 May 2007, reflect its dedication to its core business in providing quality education to the public. Dr Paul Chan Tuck Hoong, President of HELP Group said: "We are well on track on our forecast as stated in the prospectus. In the next few years HELP will continue to diversify into new courses and venture into new international markets. We are very excited about our future as we have many projects and ideas in the pipeline to bring exciting and innovative courses accessible to the public." "HELP Group is consistently seeking new ways to improve our offerings to our students and employees. Our proven success in producing employable graduates, world-class partnerships and sizeable market share are built upon three pillars - Envisioning through a clear mission; Energizing through a resilient culture of performance; and Execution by a robust management team" added Dr. Chan. "We are honoured by our investors' confidence in HELP. This proves that they share the vision and mission that we have for many years been inculcating in our staff and students, and what we have achieved these past 21 years has been a successful model for others to emulate." ENDS About HELP International Corporation HELP International Corporation Berhad ("HELP") was incorporated on 20 June2005 as the investment holding company for its various businesses, which are primarily in the field of education. HELP University College Sdn. Bhd. ("HUC"), the main contributor to HELP Group, has been a pioneer and innovator in tertiary education in Malaysia since 1986, and has an established reputation and brand recognition in the market. HUC was among the pioneers who introduced foreign ‘twinning' and external programmes to Malaysia in the 1980s, and is also one of the leading colleges' conferred University College status by the Ministry of Higher Education (MOHE) in August 2004. HUC's current registered enrolment is currently over 8,000 students, of which there are more than a thousand foreign students from 61 countries across the globe pursuing their degrees at the institution. Currently, the HELP Group consists of five main institutions, HELP University College Sdn. Bhd ("HUC"), HELP Training Centre Sdn. Bhd. ("HTC"), HELP Academy Sdn. Bhd. ("HA"), HELP Executive Advanced Training Sdn. Bhd. ("HEAT") and the International Centre for Security Management Sdn. Bhd. ("ICSM"). HTC concentrates on providing vocational education and training, and other skill based programs. HA is set up to complement HUC in selected areas of tertiary education particularly in 3-year programs with UK and Australian universities and 4-year programs with US universities among others. HEAT is mainly targeted to provide executive education and it focuses on Management of Fraud, Sales and Islamic Banking among others. ICSM provides security management training. These subsidiaries are under the holding company of HELP Group, which will continue to provide excellence in education and strive to reinforce Malaysia's position as an education hub. You may find out more information regarding HELP International Corporation at www.hic.com.my Media Contacts Juliet Chan HELP International Corporation Bhd Tel: +60 3 2711 2000 ext 1718 Email: chanjq [at] hic [dot] com [dot] my
|
Printer-friendly version