Petromaint Profits in 2021 Reach EGP 465 million

Petromaint Profits in 2021 Reach EGP 465 million

Alexandria Petroleum Maintenance Company (Petromaint) held general assembly to review the company’s performance for 2021.

During the meeting, Petromaint’s Chairman Ahmed Fouad reviewed the company’s business results for 2021 and explained the great development in the company’s financial and technical performance during the past year as well as the company’s distinguished and diversified projects during the year.

The company has achieved a historical leap in 2021, as the volume of the company’s contracts amounted to EGP 6 billion, with a growth rate of 35% compared to 2020. The volume of the company’s revenues for 2021 reached EGP 3 billion, with a growth rate of 42% compared to 2020. Petromaint achieved a total profit of EGP 465 million, with a target achievement rate of 133%.

Sarah Samir 2746 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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