Press releases, Reports & Disclosures for Taaleem Holdings PJSC

Taaleem Holdings, a UAE-based K-12 premium education provider, posted record revenue of AED 548.7M for H1 2023/24, a 15% YoY increase. The firm also saw EBITDA grow by 32.5% YoY to AED 222.3M and a 53% YoY increase in net profit before tax to AED 182.8M. This growth was driven by a 33.2% YoY increase in student enrolment, additional schools, interest gains on cash reserves, and a low debt position. Taaleem also made strong progress on strategic execution and greenfield projects, and welcomed six new government partnership schools. The company's chairman and CEO expressed commitment to delivering top-tier educational outcomes and supporting sector growth.

The Board of Directors of Taaleem Holdings PJSC held a meeting on March 28, 2024, from 3:00 pm to 5:00 pm. The meeting was attended by all nine board members, achieving a 100% quorum. The board approved the Interim Condensed Consolidated Financial Statements for the six-month period ending on February 29, 2024, and agreed to publish them. The meeting's resolutions were signed by Khalid Al Tayer, the Chairman of the Board of Directors.

The text appears to be an introduction to the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the six-month period ending on 29 February 2024.

Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE, will present its financial results for H1 & Q2 of 2023/24 on March 28, 2024. The company has invited its shareholders to a Microsoft Teams session on April 2, 2024, where it will share details of its financial performance, recent achievements, and developments. The company, which is the first private education firm listed on the Dubai Financial Market, plans to use the AED 750 million raised in its IPO to expand its K-12 premium education schools.

On March 25, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Alan Williamson, the CEO of Taaleem Holdings PJSC. The letter informed Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting is set for March 28, 2024, at 3:00 pm, at the company's office premises and will also be accessible remotely. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the three-month period ended on February 29, 2024, discussing routine business matters, following up on the company's activities, and addressing any other topics approved by the Chairman. A copy of the letter was also sent to the Securities and Commodities Authority.

The board meeting of Taaleem Holdings PJSC took place on February 29, 2024. The meeting, which started at 3:00 pm and ended at 5:00 pm, was attended by eight board members, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was the CEO, Alan Williamson.

The CEO of Taaleem Holdings PJSC, Alan Williamson, has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting on Thursday, 29th of February 2024 at 3:00 pm. The meeting will be held at the company's office premises and will also be accessible via remote attendance. The agenda for the meeting includes discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. The Securities and Commodities Authority have also been CC'd in the letter.

A board meeting was held by Taaleem Holdings PJSC on 11 January 2024. The meeting started at 3:00 pm and ended at 5:00 pm with all nine board members present, achieving a 100% quorum. The board resolved to approve the Interim Condensed Consolidated Financial Statements for the three-month period ended 30 November 2023 and authorized their publication. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.

The text represents the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the three-month period ending on 30th November 2023.

In Q1 2023/24, Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, posted a record revenue of AED 258.7 million, marking an 11.5% YoY increase. The company's net profit (before tax) increased by 60.5% YoY to AED 81.6 million, driven by enrolment growth, additional schools, interest gains on cash reserves, and a low debt position. Student enrolment rose by 26.6% YoY to 35,715. EBITDA also grew by 28.2% YoY to AED 100.4 million. Taaleem added five new government partnership schools to its portfolio during the quarter. The company's Chairman, Khalid Al Tayer, expressed pride in the progress made in realizing their strategic vision.