Mohandes Insurance (MOIN) logged consolidated net profits valued at EGP 163.036 million in 2024

The ordinary general meeting (OGM) of Mohandes Insurance (MOIN) agreed to increase the issued capital to EGP 500 million from EGP 350 million.

Mohandes Insurance (MOIN) reported a 62.3% year-on-year (YoY) increase in consolidated net profits after tax and non-controlling interest in the fiscal year (FY) 2023/2024 to EGP 310.428 million from EGP 191.225 million.

Mohandes Insurance (MOIN) reported a 53.8% year-on-year (YoY) surge in consolidated net profits excluding minority interest for the first nine months of fiscal year (FY) 2023/2024, logging EGP 238.972 million from EGP 155.427 million.

The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of EGP 50 million for Mohandes Insurance (MOIN).

Mohandes Insurance (MOIN) will distribute cash dividends worth EGP 0.375 per share to shareholders for fiscal year (FY) 2022/2023.

Mohandes Insurance's (MOIN) extraordinary general meeting (EGM) has approved raising the company's issued capital to EGP 350 million from EGP 300 million via the distribution of 0.1666-for-1 bonus shares.

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.

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.

Mohandes Insurance (MOIN) has decided to raise its issued capital to EGP 300 million from EGP 235 million via the distribution of 0.2765-for-1 bonus shares.

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.