{"id":542762,"date":"2022-01-16T03:59:25","date_gmt":"2022-01-16T03:59:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/"},"modified":"2022-01-16T03:59:25","modified_gmt":"2022-01-16T03:59:25","slug":"earnings-watch-taaleem","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/","title":{"rendered":"Earnings watch: Taaleem"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>EGX-listed Taaleem<\/strong><strong> saw a 23.7% y-o-y increase in its bottom line in 1Q2021-2022<\/strong> to EGP 71.9 mn, the company said in an <a href=\"https:\/\/ent.news\/2022\/1\/Taaleem-Earning-Release-Q1_2021-22.pdf\">earnings release (pdf)<\/a>. Revenues also rose 27.3% y-o-y to EGP 171.7 mn for the September-November 2021 period, the company said. The strong performance came on the back of higher operating revenues as operational conditions continue to normalize post-pandemic, which outstripped growth in operating costs and expenses by 20.4 percentage points.<\/p>\n<p><strong>Enrolment at Nahda University in Beni Suef was down<\/strong> <strong>48% y-o-y<\/strong>, with 916 new students admitted during 1Q2021-22. The decrease followed a decline in the pool of eligible applicants after the Thanaweya Amma examination system <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3683636-800d-4aa3-b1db-e7c581499ce4\">was updated<\/a>, the company said. That said, average tuition revenue per student was up 30.5% y-o-y at EGP 27k. Progress continues on the company\u2019s second higher education institution, Badya University in West Cairo.<\/p>\n<p><strong>The higher ed outfit expects the growth to continue going forward: <\/strong>Taaleem built \u201ca strong platform for further growth during the rest of the year\u201d in the first quarter, said Managing Director Mohamed El Rashidi. The company will continue to focus on growth and cost-level efficiencies to yield strong profitability, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EGX-listed Taaleem saw a 23.7% y-o-y increase in its bottom line in 1Q2021-2022 to EGP 71.9 mn, the company said in an earnings release (pdf). Revenues also rose 27.3% y-o-y to EGP 171.7 mn for the September-November 2021 period, the company said. The strong performance came on the back of higher operating revenues as operational [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[409,73,72,408],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542762","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-earnings-watch","tag-education","tag-enterpriseam","tag-taaleem","wpautop","entry"],"acf":{"mongo_id":"0bdbfc47-ba95-4681-864c-587886bc01ae","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[542748],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Earnings watch: Taaleem - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Taaleem\" \/>\n<meta property=\"og:description\" content=\"EGX-listed Taaleem saw a 23.7% y-o-y increase in its bottom line in 1Q2021-2022 to EGP 71.9 mn, the company said in an earnings release (pdf). Revenues also rose 27.3% y-o-y to EGP 171.7 mn for the September-November 2021 period, the company said. The strong performance came on the back of higher operating revenues as operational [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-16T03:59:25+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Taaleem\",\"datePublished\":\"2022-01-16T03:59:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\"},\"wordCount\":189,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"earnings watch\",\"Education\",\"EnterpriseAM\",\"Taaleem\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\",\"name\":\"Earnings watch: Taaleem - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-01-16T03:59:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: Taaleem\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Earnings watch: Taaleem - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/earnings-watch-taaleem\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: Taaleem","og_description":"EGX-listed Taaleem saw a 23.7% y-o-y increase in its bottom line in 1Q2021-2022 to EGP 71.9 mn, the company said in an earnings release (pdf). Revenues also rose 27.3% y-o-y to EGP 171.7 mn for the September-November 2021 period, the company said. 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The bank saw standalone revenues rise 22% y-o-y to EGP 7.6 bn on the back\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561689,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/taaleem-net-income-up-17-in-1h-fy2020-2021\/","url_meta":{"origin":542762,"position":1},"title":"Taaleem net income up 17% in 1H FY2020-2021","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"Higher education outfit Taaleem reported EGP 129.6 mn in net income during 1H FY2020-2021, rising 17.5% y-o-y from the year before, according to the company\u2019s first earnings release (pdf) as a publicly traded company. Taaleem's revenues also rose 17.1% y-o-y during the six-month period to EGP 317.1 mn, breaking a\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587305,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/earnings-watch-hhd-sidi-kerir-report-1q-2023-results\/","url_meta":{"origin":542762,"position":2},"title":"Earnings watch: HHD + Sidi Kerir report 1Q 2023 results","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"EARNINGS WATCH-Heliopolis Housing and development reported EGP 19.4 mn in net income in 1Q 2023, up 512.4% y-o-y, according to anEGX disclosure (pdf). The company\u2019s revenues during the quarter came in at EGP 90.9 mn, up 43% y-o-y. Sidi Kerir Petrochemicals\u2019 net income more than doubled to EGP 520.1 mn\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566372,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/15\/palm-hills-development-scores-an-impressive-1q2021\/","url_meta":{"origin":542762,"position":3},"title":"Palm Hills Development scores an impressive 1Q2021","author":"enterpriseam admin","date":"15 June 2021","format":false,"excerpt":"Palm Hills Development\u2019s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020, according to the real estate developer\u2019s earnings release (pdf). This came as revenues rose 74%, reaching EGP 1.98 bn from EGP 1.14 bn in 1Q2020, driven by a surge in\u2026","rel":"","context":"In &quot;SPEED ROUND: EARNINGS WATCH&quot;","block_context":{"text":"SPEED ROUND: EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555072,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/01\/taaleem-profits-up-29-in-fy-2020-2021-announces-share-buyback-program\/","url_meta":{"origin":542762,"position":4},"title":"Taaleem profits up 29% in FY 2020-2021; announces share buyback program","author":"enterpriseam admin","date":"1 November 2021","format":false,"excerpt":"Higher education platform Taaleem reported EGP 185.3 mn in net income during FY2020-21, up 29% from the year before, according to the company\u2019s earnings release (pdf). Revenues for the fiscal year, which ended on 31 August, rose 34% y-o-y to EGP 602.1 mn. This growth was buoyed by a 20%\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565996,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/oc-ci-capital-credit-agricole-report-1q2021-earnings\/","url_meta":{"origin":542762,"position":5},"title":"OC, CI Capital, Cr\u00e9dit Agricole report 1Q2021 earnings","author":"enterpriseam admin","date":"20 May 2021","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction (OC) reported a bottom line of USD 23.9 mn in 1Q2021, down 4.4% y-o-y from USD 25 mn in 1Q2020, the company said in an earnings statement (pdf). Revenues were down 1.3% over the same quarter last year to USD 816.6 mn from USD 827.6 mn,\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542762"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542762\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542748"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542762"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542762"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}