Mohandes reports 54% hike in net profits
Mohandes Insurance reported an increase of 54 percent in net profits for the first quarter of the fiscal year 2016/17. The insurer reported net profits of EGP13.6 million for Q1 – FY2016/17, up from EGP8.8 million in the previous year. Earlier, Mohandes Insurance reported net profits of EGP64.09 million for FY2015/16, according to Mubasher.
