Arab Finance: Taaleem Management Services’ (TALM) consolidated net attributable to the parent company rose 24.3% year on year (YoY) in the nine-month period of the academic year 2022/2023 to EGP 341.552 million from EGP 274.726 million, the company’s income statement revealed on July 18^th.

Consolidated revenues surged to EGP 718.478 million from September 2022 to May 2023 from EGP 597.075 million over the same period in the prior academic year.

The firm’s standalone results showed a 0.8% downtick in net profit during the nine-month period to May 31^st, recording EGP 57.404 million, versus EGP 57.795 million in the same period a year earlier.

Taaleem Management Services operates in the education sector. It owns Nahda University Beni Suef located in Upper Egypt.

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