Mohandes Insurance (MOIN)

Cairo – Mubasher: Mohandes Insurance plans to invest EGP 1.39 billion during fiscal year (FY) 2023/2024, according to the capital budget approved by the board members on 21 June. The EGX-listed firm expects net profits and installments amounting …

Cairo – Mubasher: Mohandes Insurance has approved the estimated budget for the current fiscal year (FY) 2022/2023, aiming to log net profits of EGP 110 million. The Egyptian insurer intends to invest EGP 1.06 billion and register instalments worth …

Cairo – Mubasher: The consolidated net profits of Mohandes Insurance fell by 27.52% year-on-year (YoY) to EGP 50.33 million in the first half (H1) of fiscal year (FY) 2021/2022, compared to EGP 69.43 million in the year-ago period. The insurance …

Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved a cash dividend distribution of EGP 0.25 per share for the earnings of the fiscal year (FY) 2020/2021. The insurer will pay EGP 23.5 million to shareholders over …

Cairo – Mubasher: The board of directors of Mohandes Insurance recommended a cash dividend of EGP 0.25 per share for the earnings of the fiscal year (FY) 2020/2021.  The total proposed dividends amounted to EGP 23.5 million for the year ended 30 …

Cairo – Mubasher: Dice Sport and Casual Wear announced that its wholly-owned subsidiary Alexandria Clothing Company was hit by fire on Sunday. The fire caused damages to some textile machines and materials which are totally insured by Mohandes …

Cairo – Mubasher: Suez Canal Bank reduced its stake in Mohandes Insurance to 0.00007% from 3.06%. The transaction involved the sale of 2.29 million shares for EGP 33.33 million, averaging EGP 14.55 per share, according to a statement to the …

Cairo – Mubasher: Mohandes Insurance reported consolidated net profits of EGP 47.97 million in the first quarter (Q1) of fiscal year 2020/2021, falling by 3% year-on-year (YoY) from EGP 49.47 million. The company’s insurance activity surplus …

Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, has raised its stake in Mohandes Insurance to 20.38% from 9.98%. The company purchased 7.79 million shares for a value of EGP 109.78 million at …

Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved the board’s proposal for the cash dividend distribution for fiscal year 2019/2020.   Shareholders will receive 33.3 piasters per share at a total value of EGP 25 …

Cairo – Mubasher: The board of directors of Mohandes Insurance approved the amended cash dividend distribution for fiscal year 2019/2020 after taking into account the instructions of the Financial Regulatory Authority (FRA). The proposed cash …

Cairo – Mubasher: The board of directors of Mohandes Insurance recommended a cash dividend distribution of EGP 0.50 per share for fiscal year 2019/2020. The proposal includes dividends of EGP 30 million to shareholders, in addition to …

Cairo – Mubasher: The financial indicators of Mohandes Insurance showed net profits of EGP 149.56 million during fiscal year 2019/2020, up by 3.2% year-on-year (YoY) from EGP 144.96 million, including minority shareholders’ rights. The insurer’s …

Cairo – Mubasher: The unaudited consolidated financial results of Mohandes Insurance posted a 10.4% year-on-year (YoY) increase in its net profits to EGP 111.98 million in the first nine months of fiscal year 2019/2020 from EGP 101.44 million. The …

Cairo – Mubasher: Mohandes Insurance witnessed a block-trading transaction worth EGP 26.4 million on the Egyptian Exchange (EGX). The deal involved the trading of 1.5 million shares, the Egyptian bourse said in a statement on Wednesday. It is …

Cairo – Mubasher: The standalone financial results of Mohandes Insurance reported net profits of EGP 88.07 million in the first nine months of fiscal year 2019/2020, up by 10% year-on-year (YoY) from EGP 80.08 million. The company’s insurance …

Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, purchased a 9.98% stake in Mohandes Insurance, Pharos Securities Brokerage said in a statement to the Egyptian bourse on Wednesday. The …

Cairo – Mubasher: Mohandes Insurance announced that its board of directors approved the company’s estimated budget scheme for fiscal year 2020/2021. The insurer aims to register net profits of EGP 112.5 million in the coming fiscal year, according …

Cairo – Mubasher: The consolidated financial statements of Mohandes Insurance showed a 14.6% year-on-year profit rise during the first half of fiscal year 2019/2020. The insurance company’s net profits grew to EGP 72.36 million in the six-month …

Cairo – Mubasher: The unaudited consolidated financial results of Mohandes Insurance showed a 14.7% year-on-year rise in its net profits during the first half of fiscal year 2019/2020. The insurer’s net profits amounted to EGP 72.33 million during …

Cairo – Mubasher: The shareholders of Mohandes Insurance approved a proposal to increase the company’s capital to EGP 187.5 million from EGP 150 million through a bonus issue. The company’s ordinary general meeting (OGM) gave the green light to …

Cairo – Mubasher: Mohandes Insurance saw a 16% year-on-year (YoY) increase in net profits to EGP 72 million during the first half of fiscal year 2019/2020, compared to EGP 62.04 million during the same six months of the prior fiscal year, the …

Cairo – Mubasher: Mohandes Insurance has witnessed a block transaction worth EGP 104.39 million on its shares. The deal involved the trading of 5.9 million shares at a price of EGP 17.5 per share, the Egyptian Exchange (EGX) said in a statement on …

Cairo – Mubasher: The board of directors of Mohandes Insurance decided to increase the company’s issued capital to EGP 187.5 million from EGP 150 million through the issuance of bonus shares. The insurer’s issued capital is proposed to be …

Cairo – Mubasher: The consolidated financial results of Mohandes Insurance showed a 24.97% year-on-year profit increase during the first quarter of the fiscal year 2019/2020. The insurer’s net profit went up to EGP 49.45 million from July to …