Arab Finance: Taaleem Management Services (TALM) posted a consolidated net profit attributable to the parent of EGP 107.017 million for the three-month period ended November 30th, 2022, according to the company’s financial statements filed to the Egyptian Exchange (EGX).
It is noteworthy that the company’s consolidated net profit amounted to EGP 71.302 million in the September-November period of 2021.
Consolidated operating revenue reached EGP 229.80 million during the period starting September 1st until November 30th, 2022, up from EGP 171.65 million in the prior-year period.
On the other hand, Taleem Management Services reported a standalone net profit after tax of EGP 18.80 million for the three-month period ended November 30th 2022, down from EGP 20.89 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.