CIBT Listed as 56th Most Profitable Company in B.C by Business in Vancouver
Vancouver, B.C., November 21st, 2016 – Vancouver, BC: CIBT Education Group Inc. (“CIBT” or “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report that the Company is included in the Business in Vancouver annual list of “Top 100 Most Profitable Companies in B.C.” appearing in the newspaper’s November 15th edition. CIBT has advanced its ranking from 72nd in 2015 to 56th in 2016 due to improved net income performance of 16.5% from the previous year.
About CIBT Education Group:
CIBT Education Group Inc. is an education and student-housing investment company focused on the global education market since 1994. Listed on the TSE and U.S OTCQX International, CIBT owns business and language colleges with 27 locations enrolling over 8,000 students annually. Its education providers include Sprott Shaw College (established in 1903), 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 and vocational programs. CIBT’s property investments are owned by Global Education City Holdings Inc (“GEC”), an investment holding and management company focused on developing education related real estate such as student hotels, serviced apartments and education super centers. CIBT also owns Global Education Alliance (“GEA”) and Irix Design Group (“Irix Design”). GEA recruits international students for many elite kindergarten, primary & secondary schools, colleges and universities in North America. Irix Design is a leading design and advertising company based in Vancouver, Canada. Visit us online at http://www.cibt.net, www.studenthotel.ca, and watch our corporate video at http://cibt.net/about/