Taaleem Holding Company reported a 16% increase in profits after tax, reaching AED 138.8 million by the end of the first half ending on February 29, 2024, compared to AED 119.5 million in the same period in 2023. The company attributed this increase to a 15% increase in revenues, totaling AED 548.6 million compared to AED 477.2 million in 2023.
Taaleem Holding Company also saw significant growth in student enrollment, with a total of 37,961 students registered and an asset utilization rate of distinguished category schools rising to 83%, up from 75.2% the previous year. Additionally, six new schools were added through government partnerships, which led to an increase of approximately 8,147 students and a total of more than 23,000 students in this sector.
The consolidated operating revenues for the first half of 2024 increased by approximately AED
