Cairo - Mubasher: Mohandes Insurance Co. said it reported net profits of EGP 8.8 million for the first quarter of the fiscal year 2015/16, up 192% y-o-y.
The company posted net profits of EGP 3.01 million last year.
Meanwhile, the company's unconsolidated financial statements reflected net profits of EGP 6.06 million compared with EGP 3.01 million for the same period of the previous fiscal year.
The insurer's net profits reached EGP 39 million in FY14/15.
