Taaleem Management Services’ consolidated profit increases in 3 months
Updated 1/16/2024 1:26:00 AM
Arab Finance: Taaleem Management Services (TALM) posted a consolidated net profit attributable to the parent of EGP 218.726 million for the three-month period ended November 30th, 2023, compared to EGP 107.017 million in the same period a year earlier, with an annual increase of 104.38%, according to the company’s financial statements filed to the Egyptian Exchange (EGX).
Consolidated operating revenue reached EGP 391.895 million during the period starting September 1st until November 30th, 2023, up from EGP 229.808 million in the prior-year period.
On the other hand, Taleem Management Services reported a standalone net profit after tax of EGP 32.963 million for the three-month period ended November 30th 2023, up from EGP 18.800 million in the year-ago period.
Taaleem Management Services Company is in the education sector. It owns Nahda University Beni Suef located in upper Egypt.
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