Economy Local October 31, 2024

Alif Educational Company Records a Decline in Profits

Alif Educational Company recorded a net profit of 345 million dirhams in the first quarter of the year compared to 495 million dirhams in the same period of the previous year, a decline of 30%.


Alif Educational Company Records a Decline in Profits

The company Alif Education reported a net profit of 345 million dirhams for the first nine months of the current year compared to 495 million dirhams in net profit for the same period last year, which indicates a decrease of 30%.

"Although our financial position has somewhat worsened compared to last year, we still remain confident in our business," stated a company representative.