MOED posts 72.8% YoY profit increase in 3 months: Egypt

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

Staff Writer, Arab Finance

January 4, 2023

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The Egyptian Modern Education Systems (MOED) reported a 72.85% year-on-year (YoY) increase in net profit after tax for the three-month period ended September 30th, 2022, according to the company’s financial indicators filed to the Egyptian Exchange (EGX) on January 2nd.

The company recorded a net profit after tax of EGP 8.34 million in the July-September period of 2022, compared to EGP 4.82 million in the same period of 2021.

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

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