Arab Finance: MB Engineering (MBEN) posted a 524.4% year-on-year surge in its standalone net profits after tax in the first nine months of 2023, according to the company’s financial statement on November 15^th.

Standalone net profits reached EGP 1.004 million in the nine-month period, compared to EGP 160,855 in the same period a year ago.

Meanwhile, standalone revenues inched up to EGP 4.118 million from EGP 4.074 million.

Established in 1990, MB Engineering is a public company, that operates within the capital goods sector focusing on Construction and Engineering.

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