Enppi’s Net Profits Increased by 22% in 2021
Engineering for Petroleum & Process Industries Company (Enppi) Chairman Mohamed Abdel Aziz announced that in 2021 the company achieved an increase in net profit by 22%, compared to last year.
profit | Egypt Oil & Gas - Part 3
Tanmia Petroleum Profits Increase by 50% in 2021
Tanmia Petroleum’s Chairman and Managing Director, Ahmed Bahgat, reviewed the company’s activity during 2021 and what it included in achieving an increase in the company’s profits by 50 percent over the year befor ...
Eni Achieves Highest Net Profit of EUR 4.7 billion Since 2012
Eni announced that it has achieved the highest adjusted net profit in 2021 reaching EUR 4.7 billion since 2012.
BP Raises Dividend, Announces Buyback Program
Net debt dropped to $32.7 billion. BP declared it would start a $1.4 billion payback from its H1 surplus cash flow.
Ministry of Finance to Receive 25% of Gas Market Regulatory Authority’s Profits
The Ministry of Finance will receive 25% of the Gas Market Regulatory Authority’s profits, while the remaining 75% will belong to the regulator.
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.
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.
