Arab Finance: Mohandes Insurance’s (MOIN) standalone net profits after tax climbed by 53.1% year-on-year (YoY) to EGP 35.448 million during the first quarter (Q1) of fiscal year (FY) 2023/2024, from EGP 23.16 million, according to financial statement filed to the Egyptian Exchange (EGX) on November 13^th.

The firm garnered EGP 62.379 million in standalone revenues during Q1 of the current FY, up from EGP 36.789 million in Q1 of last FY.

Mohandes Insurance is an Egypt-based company that offers life and non-life insurance, and reinsurance products and services. Its products and services portfolio fall into two main insurance segments, namely individual insurance and property insurance.

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