AMOC to Delay IPO: Government Official
Alexandria Mineral Oils Company (AMOC) will delay its initial public offering (IPO) on the Egyptian Exchange Market (EGX) after the company posted lower-than-expected profits.
profit | Egypt Oil & Gas - Part 3
Maridive Profit Increases by 24.4% in 9 Months
Maridive Group's total financial statements revealed that the company's profit increased by 24.4% during the first nine months of 2018, compared to the previous year.
Egypt Gas Seeks 8% Profit Growth in 2019
Egypt Gas Company is seeking an 8% profit increase to EGP 26.57 million by the end of 2019, up from EGP 24.57 million currently.
AMOC Posts EGP 1.48B Profit in 2017/18
Alexandria Mineral Oils Company (AMOC) posted profits of EGP 1.48 billion in fiscal year (FY) 2017/18, a 35% increase from the EGP 1.1 billion profit posted in FY 2016/17.
Egypt Gas Announces Q1 Losses
Egypt Gas Company has announced pre-tax losses of EGP 12 million in Q1 2018.
Petrojet Profits Exceed EGP 23 B in 2017
The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Egypt Gas Shareholders Approve Dividend Payouts
Egypt Gas's general assembly has authorized the company to pay out dividends of EGP 1 per share.
ADES Announces 17.5% Annual Revenue Growth
The Advanced Energy Systems company has announced revenues of $157.6 million in 2017, a 17.5% year-on-year increase from 2016.
Egypt Gas Profit Increases by 6% in 2017
Egypt Gas Company announced increasing profit by 6% Year-on-Year (Y.o.Y) to reach EGP 25.6 million in 2017, compared to EGP 24.14 million in 2016.
ADES’ Profit Drops by 11%
Advanced Energy Systems (ADES Group) International Holding experienced an 11% drop in pretax profits during the first half of 2017 due to the costs associated with its initial public offering.
