Cairo-Mubasher: Mohandes Insurance posted consolidated financial results for the fiscal year ended 30 June 2015, which reflected a 110.6% surge in net earnings to EGP 31.76 million ($4 million), compared with EGP 15.1 million ($1.9 million) a year earlier.

Standalone net earnings for the same fiscal year increased from EGP 15.1 million to nearly EGP 25.15 million.

The EGX-listed insurer operates with issued capital of around EGP 75 million, divided into 7.5 million shares at a par value of EGP 10 each.