Cairo – Mubasher: Egyptian Modern Education Systems saw an increase of 8% in net profits for the half of the fiscal year 2015/16.

The company reported net profits of EGP 4.46 million in H1-FY15/16, down from EGP 4.84 million for the same period a year earlier.

Earlier, the company’s shareholders gave a nod increasing its issued capital from EGP 8.9 million to EGP 16.9 million, up by EGP 8 million.