Egyptian Modern Education swings to profit

Updated 6/12/2021 4:27:00 AM

ArabFinance: Egyptian Modern Education Systems (MOED) posted a net profit of EGP 733,248 in quarter one (Q1) of 2021, according to the unaudited financial results filed to the Egyptian Exchange on June 10th.

The company incurred net loss of EGP 1.121 million in Q1 2020.

Egyptian Modern Education distributed 0.1258 free share for everyone held on April 27th.

Established in 2001, the company operates within the consumer services sector focusing on education services.