Taaleem Holding Company Reports 16% Increase in Profits, 33% Growth in Student Enrollment and Expansion of Government Partnership Sector

Taaleem Holding Reports Half-Year Profit Increase of 16% to 138.8 Million Dirhams

Taaleem Holding Company reported a 16% increase in profits (after tax), reaching 138.8 million dirhams by the end of the first half ending on February 29, 2024, compared to 119.5 million dirhams in the same period in 2023. The increase in profits was attributed to a 15% increase in revenues, totaling 548.6 million dirhams compared to 477.2 million dirhams in 2023.

Taaleem also saw a significant increase in student enrollment, with 37,961 students registered, representing a growth of 33% annually. Their asset utilization rate in distinguished category schools rose to 83%, up from 75.2% in the previous year. Additionally, the addition of six new schools in the government partnership sector led to an increase of 8,147 students, bringing the total to

Leave a Reply