VANCOUVER, June 20, 2019 /CNW/ - CIBT Education Group Inc.
("CIBT" or the "Company") (TSX: MBA, OTCQX International: MBAIF)
reports that the Company was named "Top 100 Public Companies in
B.C. in 2019" in the June
18th 2019 edition of Business in Vancouver
Newspaper. CIBT was ranked no. 74 among the top 100 public
companies operating in British
Columbia, with revenue growth of 39.8% from $53.578 million in fiscal 2017 to $74.9 million in fiscal 2018, net income growth
from $8.284 million in fiscal 2017 to
$45.371 million in fiscal 2018, and
asset growth from $166.682 million as
at August 31, 2017 to $340.837 million as at August 31, 2018.
About CIBT Education Group:
CIBT Education Group Inc. is one of the largest education, and
student housing investment companies in Canada focused on the global education market
since 1994. Listed on the Toronto Stock Exchange and U.S OTCQX
International, CIBT owns business and language colleges, student
housing properties, recruitment centres and corporate offices at 43
locations in Canada and
abroad. Total annual enrollment for the group exceeds 12,000
students. Its education providers include Sprott Shaw College (established in 1903),
Sprott Shaw Language College, Vancouver International College and CIBT School of
Business. Through these schools, CIBT offers business and
management programs in healthcare, hotel management, language
training, and over 150 career, language and vocational
programs. CIBT owns Global Education City Holdings Inc.
("Global Education"), an investment holding and development company
focused on developing education-related real estate such as student
hotels, serviced apartments and education super centres. Total
portfolio and development budget of projects under Global
Education's GEC® brand is more than C$1
billion. CIBT also owns Global Education Alliance
("GEA") and Irix Design Group ("Irix Design"). GEA recruits
international students on behalf of many elite kindergartens,
primary and secondary schools, colleges and universities in North
America. Irix Design is a leading design and advertising
company based in Vancouver,
Canada. Visit us online and watch our corporate video at
www.cibt.net.
SOURCE CIBT Education Group Inc.