Arab Finance: Mohandes Insurance (MOIN) posted a 13.87% year-on-year (YoY) increase in consolidated profit attributable to the parent company during the three-month period that ended on September 30th, according to financial statements filed to the Egyptian Exchange (EGX) on Wednesday.

Consolidated profit excluding minority interest rose to EGP 36.832 million in July-September from EGP 32.346 million a year earlier.

It is worth noting that the company’s net profit after tax rose to EGP 23.16 million in July-September from EGP 21.008 million in the same period the year before.

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