Taaleem Management Services posts 24.2% YoY consolidated profit growth in 12 months
Updated 10/30/2022 11:05:10 AM
Arab Finance: Taaleem Management Services (TALM) reported a 24.21% year-on-year (YoY) increase in consolidated net profit attributable to the parent company for the academic year 2021/2022, according to the company’s consolidated financial statement filed to the Egyptian Exchange (EGX) on October 30th.
The company’s consolidated net profit attributable to the parent company recorded EGP 230.19 million during the year from September 2021 until August 2022, compared to a profit of EGP 180.31 million in the academic year 2020/2021.
Consolidated operating revenues grew to EGP 617.85 million in the academic year 2021/2022 from EGP 602.13 million in the previous academic year.
At the level of the standalone financial statement, the company achieved a standalone net profit after tax of EGP 77.23 million in the 12-month period ended August 31st, up from EGP 30.50 million in the academic year before.
Established in 2015, Taaleem Management Services Company is engaged in the education sector.
