Cairo Educational Services records EGP 8M profit in Q1

Updated 1/14/2021 1:05:00 PM

ArabFinance: Cairo Educational Services achieved a net profit of EGP 8.39 million during the first quarter (Q1) that ended on November 30th 2020, according to an official disclosure.

This marked a Year on Year (YoY) rise of 32.5% when compared to EGP 6.33 million in the first three months of fiscal year (FY) 2019/2020.

Earnings per share stood at EGP 0.61 in Q1 of FY 2020/2021, compared with EGP 0.46 in the same period a year earlier.

Cairo Educational Services recorded a net profit after tax of EGP 17.68 million during FY 2019/2020 that ended on August 31st last year.