ArabFinance: Taaleem Management Services (TALM) posted a consolidated net profit before minority interest of EGP 226.005 million in the August-May period of the fiscal year (FY) 2020/2021, according to the companys financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) rise of 19% when compared to EGP 190.715 million in 10 months of FY 2020/2021.

Standalone net profit reached EGP 10.664 million in 10 months of FY 2020/2021, a 47% decline from EGP 20.383 million posted in the prior-year period.

Egyptian Exchange announced that the total shares of Taaleem, which are offered for sale through the price stabilization fund, reached 7,862,137 shares

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

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