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Raffles Education ( (SG:NR7) ) has shared an update.
Raffles Education reported stable revenue of S$56.63 million and returned to a positive operating profit in the first half of FY2026, underscoring the resilience of its education business. Net profit fell to S$3.11 million, but adjusted EBITDA remained robust, reflecting steady underlying operations despite the earnings decline.
The group significantly strengthened its balance sheet and liquidity, with net cash from operating activities rising 32% to S$22.53 million and cash and bank balances increasing to S$35.20 million. Shareholders approved the conversion of about S$15.53 million of bonds and loans by the chairman into equity and asset disposals expected to raise S$132.3 million, moves that lower gearing to 29% and support its net asset base of S$669.65 million.
The most recent analyst rating on (SG:NR7) stock is a Sell with a S$0.13 price target. To see the full list of analyst forecasts on Raffles Education stock, see the SG:NR7 Stock Forecast page.
More about Raffles Education
Raffles Education Limited is a Singapore-based premier education group with more than 35 years of track record in Asia. The company focuses on delivering higher education and related programmes across the region, operating an asset-backed model anchored by substantial freehold property holdings.
YTD Price Performance: 0.72%
Average Trading Volume: 20,920,893
Technical Sentiment Signal: Buy
Current Market Cap: S$204.2M