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Mohandas Insurance’s standalone profits up 33.6% in 9M

Mohandas Insurance’s standalone profits up 33.6% in 9M
The company earned EGP1 million in 9M (Photo Credit: Mubasher)
Mohandes Insurance
MOIN
0.00% 19.97 0.00

Cairo – Mubasher: Mohandas Insurance’s profits jumped by 33.6% in the first nine months of 2015/16 as per the unaudited standalone financial results.

 The company earned a net of EGP33.8 million, compared to EGP25.3 million for the year-ago period.

Moreover, its insurance activity surplus slightly moved up to EGP28.1 million in the first nine-month period compared to EGP28 million last year.

In the first six months of 2015/16, the company’s earnings rose to EGP24.2 million from EGP15.52 million for H1-14/15