Cairo Educational Services registers EGP 20M profits in 6 months

Updated 4/14/2022 12:34:00 PM

ArabFinanceCairo Educational Services (CAED) reported a net profit after tax of EGP 20.043 million in the six-month period ended February 28th, up from EGP 18.367 million in the same period a year earlier, according to financial statements filed to the Egyptian Exchange (EGX) on Thursday.

Operating revenue grew to EGP 52.701 million in the September-February period, from EGP 45.523 million the year before.

Cairo Educational Services is an Egypt-based company that focuses on the establishment, management, and operation of private elementary and secondary schools in Egypt.