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.