SIT surplus of $1million gives options post-smelter - News Summed Up

SIT surplus of $1million gives options post-smelter


The institute yesterday released its results which reveal the group had revenue of $61.344million for the year, expenditure of $60.28million and net assets of $135.715million. “Students are the heart of our business, so having our student numbers increase as well is also pleasing," she said. "That reflects our ability to respond to opportunities that arose from the pandemic. "That’s a real achievement, especially when we consider all the challenges we faced.”The institute was now looking at training needs and opportunities for a post-smelter future in Southland. "SIT is very strongly placed to face those challenges and we will do this from a strong position in terms of financial resources, our people and our facilities."


Source: Otago Daily Times May 13, 2021 16:30 UTC



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