Cairo – Mubasher: Maridive and Oil Services SAE's (Maridive Group) profit grew 49.2% year-on-year in the third quarter of 2017 on the back of high revenues.
The Egypt-based company's profit rose to $3.67 million in Q3-17 from $2.46 million the same period a year earlier, according to a bourse filing on Monday.
Maridive’s revenues increased to $63.5 million in Q3-17 versus $52.7 million during the same quarter last year.
Maridive posted $14.69 million profit during the first nine months of 2017 compared to $11.4 million in the same period a year earlier.
