profit | Egypt Oil & Gas

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 ...

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 cons ...

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.

bp Reports 131.88% Surge in Net Profit in Q1 2026

British Petroleum (bp) reported a first-quarter (Q1) profit of $3.2 billion on April 28, more than doubling its year-on-year (YoY) performance and beating analyst expectations by 20%, Reuters reported. The British ...

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 w ...

ADNOC Distribution’s Net Profit Up 12% in H1 2025 YoY

ADNOC Distribution financial results of H1 2025 showed growth in its net profits by 12% year-on-year (YoY) to $358 million. The company also achieved the highest earnings before interest, taxes, depreciation, and ...

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 c ...

Maridive & Oil Services Announces 12% Growth in Revenues

Maridive & Oil Services has announced that its revenues increased to $16.5 million for the year ending on 31 March 2024, a 12% improvement compared to $14.7 million in the similar period 2023.

Maridive & Oil Services’ Revenues Grow 82% YoY

Maridive & Oil Services has announced the financial results of the year ending on 31 December 2023, during the Board of Directors meeting held on 13 May.

AFC Sales Revenues Decrease 18.8% YoY

Abu Qir Fertilizers Company's (AFC) Board of Directors has approved the financial statements for the financial period that has ended on March 31st, 2024.

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