Taaleem Management Services posts higher profits end-August 2021

Updated 10/31/2021 11:36:41 AM

ArabFinance: Taaleem Management Services (TALM) reported a consolidated net profit attributable to the parent company of EGP 183.59 million during the period starting September 1st, 2020, until August 31st, 2021, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

It is worth noting that the company achieved a net profit of EGP 142.38 million in the period from September 1st, 2019, to August 31st, 2020.

On the other hand, the company’s standalone net profit reached EGP 30.50 million during the period from September 1st, 2020, to August 31st, compared to a profit of EGP 27.40 million in the same period of the previous fiscal year.

Established in 2015, Taaleem Management Services Company is engaged in the education sector. It owns Nahda University Beni Suef located in upper Egypt.