|Master Investor Magazine
Never miss an issue of Master Investor Magazine – sign-up now for free!
AIM-listed Wey Education (LON:WEY) has seen its share price soar by 41.40% to 7.56p (as of 15:40 BST) after its turnover grew by 54% over the six months ended 28th February. Adjusted pre-tax profits increased by more than 500%, but there was an overall loss of just less than £900,000 due to exceptional costs and discontinued operations.
Chairman Barrie Whipp said: “Wey is now completely focused on InterHigh and Academy21, our distinct brands for online education. With significant cash resources, and businesses with growing underlying financial performance I believe we have a great foundation for growth in our ever expanding and exciting market“.
The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.
Book your FREE tickets today using code: MIBLOG