Mubasher TV
Contact Us Advertising   العربية

Egyptian Modern Education’s net profits plunge to EGP 537,846 in 9M-24/25

Egyptian Modern Education’s net profits plunge to EGP 537,846 in 9M-24/25
Photo Archive

Cairo - Mubasher: The Egyptian Modern Education Systems registered EGP 537,846 in net profits after tax during the first nine months (9M) of fiscal year (FY) 2024/2025, marking an annual fall from EGP 3.85 million.

The earnings per share (EPS) retreated to EGP 0.0005 in 9M-24/25 from EGP 0.003 in the corresponding period a year earlier, according to the financial statements.

Net revenues stood at EGP 33.43 million during July 2024-March 2025, which signaled a year-on-year (YoY) increase from EGP 30.40 million.

Total assets hiked to EGP 210.64 million in the nine-month period that ended on 31 March 2025 when compared with EGP 194.18 million as of 30 June 2024.

Quarterly Results

During the third quarter (Q3) of FY24/25, the EGX-listed company posted EGP 405,408 in net profits after tax, versus EGP 2.69 million in Q3-23/24.

The net revenue rose to EGP 13.48 million in the three-month period that ended on 31 March 2025 from EGP 10.13 million in Q3-23/24.

Meanwhile, the loss per share totaled EGP 0.0001, against an EPS of EGP 0.0020.