Egypt’s Maridive Attains Gains of $2.7 mln in 9 Months

Egypt’s Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East, announced on Sunday its consolidated financial results for the first nine months of 2013 ending on September 30^th.

Maridive reported a 9-month consolidated net profit of US$ 2.765 million, against net losses of US$ 6.3 million incurred during the same comparable period in 2012.

It is worth to mention that Maridive had recorded a consolidated net profit of US$ 2.3 million for H1/13 versus a net loss of US$ 22.7 million for the same period a year earlier.