Egypt's Maridive Q1 net profit drops 34.3 percent

Reuters
1 Min Read

CAIRO: Egypt’s Maridive, the biggest oil services firm by fleet size in the Middle East, posted a first-quarter net profit of $15.4 million, down 34.3 percent from a year earlier, the stock exchange said on Sunday.

The firm made a net profit of $23.4 million in the first quarter of 2009, the bourse said.

Five analysts polled by Reuters forecast Maridive would post a first-quarter net profit of $20.6 million.

Share This Article
Follow:
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.