Petromaint’s Profits Reach EGP 126.6M in Q1 2022

Petromaint’s Profits Reach EGP 126.6M in Q1 2022

Alexandria Petroleum Maintenance Company (Petromaint) announced that it has achieved total profits from its operations reaching EGP 126.6 million during Q1 2022, compared to EGP 77.81 million during the same period in 2021, an increase of 62.7%.

The company added that its net profits before taxes achieved growth by 82% reaching EGP 77 million in Q1, compared to EGP 42.2 million in Q1 2021.

Additionally, Petromaint’s revenues recorded EGP 965.6 million in the first three months of 2022 compared to EGP 621.5 million in the same period of 2021.

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