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<WIRE> G8 Education (ASX:GEM) Announces Interim Fully Franked Dividend of 1.5 AU Cents per Share



G8 Education (ASX:GEM) recently declared an interim fully franked dividend of 1.5 AU cents per share.

The company’s H1 reported revenue up by 9.3% has increased to A$455.3 million.

On another note, the company’s Statutory NPAT has soared up by 76.5% reaching A$15.0 million.

The expectation for cash flow remains robust in a seasonally stronger H2 CY23.

G8 Education (ASX:GEM) projects a reduction for H2 CAPEX to an estimated A$50 million - A$55 million.

The issue of workforce shortages stays a challenging factor in the sector.

G8 Education (ASX:GEM) is a childcare and education management company specialising in the provision of early education services.


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