Maridive Returns to Black in Q1 2025 on Higher Revenues, Leaner Cost Base
Maridive & Oil Services delivered a financial rebound in the first quarter of 2026, returning to profitability on the back of higher revenues and disciplined cost control.
Maridive & Oil Services delivered a financial rebound in the first quarter of 2026, returning to profitability on the back of higher revenues and disciplined cost control.
Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025 compared to 2024, to reach $59.3 million. Revenues during the same period climbed 21% to $254.3 million.
The Egyptian Exchange's (EGX) Listing Committee, at its meeting on 03/09/2025, decided to impose a financial penalty of EGP 5,000 on Maridive & Oil Services Company, to be paid within 15 days from the date the com ...
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