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Mohandes Insurance profit falls to EGP 69M

Mohandes Insurance profit falls to EGP 69M

ArabFinance: The consolidated net profit of Mohandes Insurance (MOIN) recorded EGP 69.43 million during January-December 2020, compared to EGP 72.33 million in the corresponding period of 2019, according to the company’s statement to the Egyptian Exchange on March 1st.

The company’s standalone net profit plunged to EGP 49.02 million by December 31st  2020, from EGP 72 million in the same period of 2019.

The Egypt-based public shareholding company 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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04 Oct 2021
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