Cairo – Mubasher: Mohandes Insurance reported an increase of 54% in net profits for the first quarter of the fiscal year 2016/17.
The insurer reported net profits of EGP 13.6 million for Q1 – FY2016/17, up from EGP 8.8 million a year earlier.
Earlier, Mohandes Insurance reported net profits of EGP 64.09 million for FY2015/16.