Maridive sees higher Q3 consolidated profits

Cairo – Mubasher: Maridive and Oil Services' consolidated profits for the third quarter soared 1,776% year-on-year to $2.46 million from $131,300, according to a bourse filing on Wednesday.

Over the first nine months, the company earned $11.48 million, 110.6% higher from $5.45 million for the year-ago period.

The company's nine-month consolidated revenues reached $219.9 million, compared with $288.18 million for the first nine months of 2015.

Earlier, the company announced registering $4.7 million standalone profits during the nine-month period, compared with $7.6 million for the prior-year period. 

Mubasher Contribution Time: 30-Nov-2016 10:04 (GMT)
Mubasher Last Update Time: 30-Nov-2016 10:05 (GMT)