Egyptian Modern Education Systems posts FY 2020/2021 audited results

Updated 9/29/2021 1:06:47 PM

ArabFinance: The Egyptian Modern Education Systems (MOED) reported its audited financial results for fiscal year (FY) 2020/2021, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

The company achieved a net profit after tax of EGP 5.519 million in FY 2020/2021, compared to a profit of EGP 2.44 million in FY 2019/2020.

Earning per share (EPS) reached EGP 0.056 during the period starting July 2020 until June 2021, compared to EPS of EGP 0.31 in FY 2019/2020.

Net operating revenue amounted to EGP 27.27 million in FY 2020/2021, up 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.