Arab Finance: M.B Engineering (MBEN) posted a 495.42% year-on-year (YoY) increase in the consolidated net profit attributable to the parent company for the first quarter (Q1) of 2023, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on May 31^st.

The company recorded a consolidated net profit excluding minority interest of EGP 3.178 million in Q1 2023, compared to a profit of EGP 533,870 in Q1 2022.

Sales surged to EGP 63.572 million during the January-March period of this year, compared to EGP 47.724 million during the first three months of 2022.

As per the standalone financial statement, the company achieved a net profit of EGP 207,305 in Q1 2023, up from EGP 89,338 in the same quarter a year earlier.

Established in 1990 and listed in 2014, M.B Engineering is a public company, which operates within the capital goods sector and focuses on construction and engineering.

Orascom Investment sees 4.9% YoY lower consolidated losses in 9 months Updated 12/31/2025 9:47:00 AM

Mohandes Insurance sees 4.86% YoY lower profits in 9 months Updated 12/31/2025 8:50:00 AM

ICON’s consolidated profits shrink 40% YoY in 9 months Updated 12/18/2025 10:55:00 AM

Maridive and Oil Services reports 105.5% YoY higher profits in 9 months Updated 12/14/2025 3:11:00 PM

Dice's consolidated profits fall 62.5% YoY in 9 months Updated 12/2/2025 11:15:00 AM