Cairo-Mubasher: Mohandas Insurance posted a 79.4% growth in its consolidated profits for the first nine months of the fiscal year 2015/16, according to a bourse statement.
Net profits reached EGP 49.47 million ($5.57 million) in the first nine months of FY15/16, compared to AED 27.58 million ($3.11 million) in the prior-year period.
Standalone profits stood at EGP 33.8 million during the period, compared to EGP 25.3 million.