PetroSafe sees 30% YoY profit hike in 2023

Updated 3/26/2024 9:27:00 AM
PetroSafe sees 30% YoY profit hike in 2023

Arab Finance: The Petroleum Safety and Environmental Services Company (PetroSafe) has achieved revenues amounting to EGP 670 million in 2023, with an annual growth rate of 30%, Chairman Emad Abdel Razek announced during the company’s general assembly.

PetroSafe also achieved a profit before tax totaling EGP 75 million, with a 13% increase in assigned projects.

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