Egyptian Modern Education Systems logs EGP 5.02M profit in FY 2020/2021

Updated 9/2/2021 12:28:59 PM

ArabFinance: The Egyptian Modern Education Systems (MOED) posted a net profit after tax of EGP 5.021 million for fiscal year (FY) 2020/2021, up from EGP 2.44 million in FY 2019/2020, according to the company’s financial statement filed t the Egyptian Exchange (EGX).

Earnings per share amounted to EGP 0.05 in FY ended June 30th, 2021, compared to earnings of EGP 0.03 per share in FY 2019/2020.

The company’s net operating revenue increased to EGP 27.27 million in FY 2020/2021 from EGP 22.85 million in FY 2019/2020.

Established in 2001, Egyptian Modern Education Systems operates within the consumer services sector focusing on education services.