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138 Student Living increased profit for 2022 to 2023 financial year.

Student accommodation provider 138 Student Living realized increased profit for its 2022 to 2023 financial year.
 
For the 12 months to September last year, the company made $343 million after tax. That's in comparison to the $318 million profit for 2021/2022.
 
The recently published audited financial statement for the company also showed an increase in overall revenues.
 
Inflows amounted to  $1.3 billion, compared with $1.19 billion for the year ended 2022.
 
During the period under review 138 started to see a full rebound in occupancy, as the University of the West Indies resumed full face-to-face operations.
 
The company also raised more capital via an additional public offer during the period.
 


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