Arab Finance: Cairo Educational Services (CAED) posted a 1.5% year-on-year (YoY) downtick in net profits after tax in the nine months to May 31st, the company disclosed.
The company registered net profits of EGP 30.981 million in the nine-month period, down from EGP 31.467 million in the corresponding period last year.
Meanwhile, operating revenues grew to EGP 104.361 million from EGP 91.812 million.
Cairo Educational Services is an Egyptian company that focuses on the establishment, management, and operation of private elementary and secondary schools in Egypt.