net profit | Egypt Oil & Gas

Petromaint’s Net Profits Grow by 165% YoY

Revenues also increased to EGP 5.2 billion, compared to EGP 3.7 billion in 2022, an increase of 41%. Additionally, the company’s net profits rose to EGP 342 million, compared to EGP 129 million, an increase of 165 ...

Dana Gas Records Net Profit Worth $317 million in 2021

Dana Gas announced achieving a net profit of $317 million in its preliminary unaudited financial results for the full year, which ended on 31 December 2021.

UAE’s ADNOC Distribution Achieves Net Profit of AED 1.15 B in H1 2021

Abu Dhabi National Oil Company (ADNOC) Distribution achieves net profit of AED 1.15 billion during H1 2021, while its earnings before interest, taxes, depreciation and amortization (EBITDA) stood at AED 1.53 billi ...

Aramco’s Net Income Rises 288% YoY in Q2 2021

Saudi Oil Company (Aramco)'s net income increased by 288% in Q2 2021, reaching $25.5 billion, compared to $6.6 billion recorded in the same quarter of 2020.

Dana Gas Boosts Resilient Operational Performance in 2020

Dana Gas Company announced its preliminary unaudited financial Results for the full year 2020.

APICORP Posts Net Income of $112 Million 

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, reported a 17% year on year increase in income to $112 million in 2019, up from $96 million the previous year ...

Jordanian Operations to Comprise 5% of Egypt Gas Company’s Revenue

Egypt Gas Company expects proceeds from its expansion project in Jordan to reach 5% of its revenues by the end of 2018.

AMOC’s Profits Rise 153%

Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.

Maridive’s Profit Rises by 60%

Maridive Group has increased its profit during the first quarter of 2017.

Egypt Boosted Siemens’ Profits

Germany's Siemens stated that it had boosted its net profit in the quarter ending September by 18%. This increase came from Siemens' large power plants in Egypt.

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