ArabFinance: Cairo Educational Services (CAED) posted a net profit of EGP 8.926 million for the thee-month period ended November 30th 2021, according to the company’s financial statement filed to the Egyptian Exchange (EGX).
This marks a slight increase as compared to the net profit recorded in the three-month period ended November 30th 2020 of EGP 8.391 million.
Moreover, the company’s operating revenue increased to EGP 24.083 million in the September-November period of 2021 from EGP 21.038 million in the same period of 2020.
Cairo Educational Services is an Egypt-based company that focuses on the establishment, management, and operation of private elementary and secondary schools in Egypt.