Cairo – Mubasher: Mohandes Insurance’s consolidated profits for the first nine months of fiscal year 2016/2017 rose by 30.8% to EGP 64.6 million, compared to EGP 49.4 million for the same period of FY15/16, according to a bourse filing released on Tuesday.
Last April, the company posted a standalone net profit of EGP 50.2 million for the first nine months of FY16/17, versus EGP 33.79 million for the same period last year.
The stock rose on Tuesday by 3.86% to EGP 7.53.
