iCreate makes third quarter profit

Training institute iCreate made a profit in its third quarter ended September.
After the tax payments, the company made $6.9 million, an increase of eight per cent against its second quarter. 
For the same period in 2021, the company made a loss of $537,000. 
iCreate's revenues saw a 231.5 per cent increase over same quarter in 2021.
Total earnings amounted to $26.4 million, versus 7.97 million for Q3 2021.
iCreate says its performance was positively impacted by a mix of new business clients. 
Its education, advertising and e-commerce segments all contributed to its revenue growth for the period, as it looks to the diversification of its revenue streams. 

comments powered by Disqus
More Stories
Most Popular
DPP satisfied with government's defence in...
Vybz Kartel appeal hearing ends; Privy...
Privy Council to start hearing arguments...