The Egyptian Modern Education Systems, S.A.E. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was EGP 16.12 million compared to EGP 6.36 million a year ago. Net income was EGP 3.44 million compared to net loss of EGP 1.58 million a year ago. Basic earnings per share from continuing operations was EGP 0.0034 compared to basic loss per share from continuing operations of EGP 0.002 a year ago.
For the six months, sales was EGP 33.24 million compared to EGP 21.78 million a year ago. Net income was EGP 11.27 million compared to EGP 6.76 million a year ago. Basic earnings per share from continuing operations was EGP 0.0112 compared to EGP 0.006 a year ago.