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Arab Finance – Maridive declines its profits at the end of September 2024


Arab Finance: Company announced Maritime and Petroleum Services – Maridev (MOIL)On the independent and aggregated unaudited business results indicators for the period ending in 30/09/2024which showed achieving a combined net profit of $17,763 million, compared to a combined net profit of $29,228 million for the same period of the previous year.

Indicators for the period ending September 30, 2024 also showed an independent net profit of $1.965 million, compared to an independent net profit of $309 for the same period of the previous year.

The Maritime and Petroleum Services Company “Maridive” was established in 1978 to provide marine petroleum services in Egypt. The company's operations expanded over the years to transform from managing a single marine unit to owning and managing a fleet of more than 61 ships, in addition to its operations spread across the Mediterranean Sea, the Red Sea, the Arabian Gulf, and the Caspian Sea. And the Gulf of Mexico.

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