Cairo Educational Services 9M profit slips 28.4%

Cairo – Mubasher: Cairo Educational Services Co. posted a 28.4% decline in net profit for the first nine months of 2015 to EGP 7.9 million ($1 million), down from EGP 11.04 million ($1.4 million) in the prior-year period.

The company generated EGP 22.63 million revenues in the nine-month period, compared with EGP 25.2 million.

H1 net profit rose by 17% year-on-year to EGP 8.707 million, from EGP 7.427 million.

Mubasher Contribution Time: 22-Dec-2015 14:10 (GMT)