ArabFinance: Taaleem Management Services (TALM) reported a 7.57% year-on-year increase in consolidated net profit attributable to the parent company for the six-month period ended February 28th 2022, according to the company’s financial statements filed to the Egyptian Exchange (EGX).
The company’s consolidated net profit attributable to the parent company recorded EGP 138.35 million during the period from September 2021 until February 2022, compared to a profit of EGP 128.61 million in the six-month period ended February 28th 2021.
Moreover, the company achieved a standalone net profit after tax of EGP 39.78 million in the six-month period ended February 28th 2022, up from EGP 38.19 million in the corresponding period last year.
Established in 2015, Taaleem Management Services Company is engaged in the education sector. It owns Nahda University Beni Suef located in upper Egypt.