Arab Finance: CIRA Education recorded consolidated net profits attributable to the parent company of EGP 99.411 million in the three-month period ended November 30^th, down by 7.3% year on year (YoY) from EGP 107.242 million, according to a statement on January 22^nd.

Revenues grew to EGP 803.7 million in the three-month period of last year from EGP 632.777 million in the same period a year earlier.

At the level of the standalone statement, the company incurred net losses after tax of EGP 109.054 million from September to November last year, rising from EGP 43.058 million over the corresponding period of the prior year.

Meanwhile, standalone revenues fell to EGP 172.743 million from EGP 194.51 million.

CIRA is an Egypt-based company, operating in the investment field across diversified sectors, including education, construction and real estate, healthcare, information technology, and support services.

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