profit | Egypt Oil & Gas
bp Q2 Profit Surges 144%, Highlights Off-Shore Egypt Gas Discoveries
British Petroleum (bp) reported an underlying replacement cost (RC) profit of $5.73 billion for the second quarter (Q2) of 2026, up 144% year-on-year (YoY), according to a press release by bp. Replacement cost profit ...
AMOC’s Revises FY 2026 Budget Forecsts, Doubles Profit to EGP 2.1 Bn
The Board of Directors of Alexandria Mineral Oils Company (AMOC) approved a revised operating budget for fiscal year (FY) 2026, projecting an estimated net profit after tax of approximately EGP 2.099 billion. This upd...
Korra Energi Reports 42.5% Surge in Gross Profit in Q1 2026
Energy solutions firm Korra Energi reported a 42.5% year-on-year (YoY) increase in gross profit to EGP 373 million during the first quarter (Q1) of 2026, backed by the positive performance of the energy and constructi...
Maridive Achieves Strong Financial Turnaround with 171% Net Profit Growth
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. Gross profit rose 2...
bp Reports 131.88% Surge in Net Profit in Q1 2026
British Petroleum (bp) reported a net income of $3.2 billion in the first quarter (Q1) of 2026, an increase of 131.88% from the same quarter last year. It beat analyst expectations of $2.67 billion by 20%, according t...
Petromaint Records its Highest Ever Revenues in 2025
The Alexandria Petroleum Maintenance Company (Petromaint) recorded its highest-ever revenues in 2025, rising by 56% year-on-year (YoY) to EGP 11.8 billion, compared to EGP 7.6 billion in 2024. The results, which were ...
ADNOC Distribution’s Net Profit Up 12% in H1 2025 YoY
ADNOC Distribution’s net profits increased by 12% year-on-year (YoY) in H1 2025 to $358 million, according to the company’s financial results. The company also achieved the highest earnings before interest... 20% Increase in Abu Qir Fertilizers Sales in 9m FY2024/25
Abu Qir Fertilizers and Chemical Industries Company, a major player in Egypt’s petrochemicals sector, reported a 20% increase in its sales during the first nine months of fiscal year (FY) 2024/25 compared to the corre...
