Maridive
MOIL
0.47%
0.21
0.00
MOIL
Maridive & Oil Services Co. said in a statement to the stock exchange on Sunday that it was not impacted by the recent increase in fuel prices in Egypt.
The company added that it buys fuel for its marine units at the international fuel prices inside or outside Egypt.
Maridive’s Q1 net profit fell 74% to $1.1 million, compared with $4.3 million in Q1-13.
The company added that it buys fuel for its marine units at the international fuel prices inside or outside Egypt.
Maridive’s Q1 net profit fell 74% to $1.1 million, compared with $4.3 million in Q1-13.
Source:
Mubasher