Maridive & Oil Services' standalone net losses widen to $21m in 2025

Cairo - Mubasher: The non-consolidated net losses after tax of Maridive & Oil Services reached $21.16 million in 2025, higher by 234% year-on-year (YoY) than $6.32 million.

The loss per share deepened to $0.04 in the January-December 2025 period from $0.01 in the same period a year earlier, according to the financial results.

Meanwhile, the standalone revenues stood at $78.58 million as of 31 December 2025, higher by 19% YoY than $65.92 million.

In January 2026, Maridive & Oil Services announced its intention to sell the vessel Harmouni DUA for $5 million after an integrated financial and technical assessment.

Mubasher Contribution Time: 28-Apr-2026 09:47 (GMT)
Mubasher Last Update Time: 28-Apr-2026 12:50 (GMT)