Arab Finance: Maridive and Oil Services’ (MOIL) standalone net losses after tax dropped 63% year on year (YoY) in 2023 to $5.034 million, compared to $13.54 million, according to the unadited financial statement.
The company’s standalone revenues rose 20% YoY to $57.396 million last year from $47.684 million.
Maridive is an Egypt-based company that provides offshore marine and oil support services across the Middle East and North Africa (MENA) Region.