Egyptian Modern Education turns profitable in Q3

Cairo - Mubasher: The financial statements of Egyptian Modern Education Systems showed that the company has achieved profits of EGP 490,700 in the first three months of 2017 versus losses of EGP 201,200 in the same period last year.

The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that profits revenues totalled EGP 3.32 million in the third quarter of fiscal year 2016-2017 up from EGP 2.488 million in Q3-FY15/16.

Profits grew 9% year-on-year in the nine-month period that ended on 31 March 2017 to EGP 4.65 million, the statement indicated.

Mubasher Contribution Time: 16-May-2017 17:59 (GMT)
Mubasher Last Update Time: 16-May-2017 17:59 (GMT)