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28 December 2025 02:57 PM AMOC targets EGP 1bn in 2026 net profits

Cairo - Mubasher: The board members of Alexandria Mineral Oils Company (AMOC) approved, at its meeting on 25 December 2025, the company’s proposed operational and capital budgets for 2026. AMOC targets net profits after tax valued at EGP 1.02 …

Companies Investments

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14 December 2025 01:31 PM Maridive & Oil Services wins 3-year petroleum contract in UAE

Cairo - Mubasher: Maridive & Oil Services has signed a three-year contract in the UAE to provide exploration, maintenance, and production support services in the petroleum sector. The deal, valued at $8.95 million annually, is scheduled to start …

Financial Results

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8 December 2025 10:48 AM Maridive’s unit wins 15-year petroleum services contract in GCC country

Cairo - Mubasher: Maridive Offshore Projects, a subsidiary of Maridive & Oil Services, secured a 15-year contract in Qatar to provide maintenance and production support services in the petroleum sector. The contract holds an annual value of $10.15 …

Companies Investments

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30 October 2025 07:52 AM Amoc sees 4% higher consolidated profits in Q1-25/26; sales reach EGP 11.2bn

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) registered 4% year-on-year (YoY) lower consolidated net profits after tax at EGP 459.64 million in the first quarter (Q1) of fiscal year (FY) 2025/2026. The quarterly profit was compared …

Financial Results

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28 September 2025 07:33 PM AMOC unveils EGP 1bn cash dividends for FY24/25

Cairo - Mubasher: The shareholders of Alexandria Mineral Oils Company (AMOC) have approved EGP 1.03 billion cash dividends for the fiscal year (FY) 2024/25. Under its 21st coupon, AMOC will distribute a dividend of EGP 0.80 per share, according to …

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31 July 2025 04:10 AM AMOC records EGP 1.5bn consolidated profits in FY24/25

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) generated consolidated net profits after tax valued at EGP 1.55 billion in fiscal year (FY) 2024/2025, an annual growth of 3% from EGP 1.50 billion. The sales reached EGP 37.62 billion in …

Financial Results

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11 May 2025 08:17 AM AMOC registers annual growth of 5% in profits during 9M-24/25

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC)recorded 5% year-on-year (YoY) higher net profits after tax at EGP 1.10 billion in the first nine months (9M) of fiscal year (FY) 2024/25. The generated earnings were compared with EGP 1.05 …

Financial Results

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26 January 2025 02:25 PM AMOC's consolidated profits exceed EGP 641.5m H1-24/25

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) posted net profits after tax valued at EGP 641.64 million in the first half (H1) of fiscal year (FY) 2024/2025, an annual decline of 2.60% from EGP 658.88 million. The EGX-listed form …

Financial Results

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29 October 2024 08:18 AM AMOC sees 14% higher consolidated profits in Q1-24/25

Cairo – Mubasher: The consolidated net profits after tax of Alexandria Mineral Oils Company (AMOC) jumped by 13.70% to EGP 479.07 million in the first quarter (Q1) of fiscal year (FY) 2024/2025. The quarterly net profits were compared with EGP …

Financial Results

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15 July 2024 02:07 PM Maridive & Oil Services logs 152% YoY higher consolidated profit in Q1-24

Cairo – Mubasher: Maridive & Oil Services reported a 152% year-on-year (YoY) surge in consolidated net profit to $20.37 million in the first quarter (Q1) of 2024 from $8.08 million. Revenues jumped by 35% YoY to $56.10 million in Q1-24 from $41.57 …

Financial Results

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26 June 2024 08:36 AM AMOC eyes EGP 4.2bn revenues in FY24/25

Cairo – Mubasher: The board of Alexandria Mineral Oils Company (AMOC) greenlighted the capital budget for fiscal year (FY) 2024/2025 to nearly EGP 551.80 million, according to a bourse disclosure. The EGX-listed firm targets net profits after tax …

Board of Directors

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26 May 2024 03:49 PM Maridive & Oil Services turns to profits in 2023

Cairo – Mubasher: Maridive & Oil Services shifted to a consolidated net profit of $47.69 million in 2023, against a net loss of $106.34 million a year earlier. Operating revenues soared to $186.47 million last year from $102.44 million in 2022, …

Financial Results

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30 April 2024 11:09 AM AMOC sees higher consolidated profits at EGP 1.3bn in 9M-23/24

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) logged consolidated net profits after tax amounting to EGP 1.31 billion in the nine months (9M) of fiscal year (FY) 2023/2024. The recorded net profits were higher by 19% year-on-year (YoY) …

Financial Results

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28 January 2024 03:14 PM AMOC’s consolidated profits hit EGP 918.5m in H1-23/24

Cairo – Mubasher: The consolidated net profits after tax of Alexandria Mineral Oils Company (AMOC) dropped by 9% to EGP 918.48 million in the first half (H1) of fiscal year (FY) 2023/2024 from EGP 1 billion a year earlier. The company registered …

Financial Results

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13 December 2023 00:20 PM Maridive’s turns to $29m net profits in 9M-23 consolidated results

Cairo – Mubasher: Maridive & Oil Services shifted to net profits after tax worth $29.22 million during the first nine months (9M) of 2023 from net losses of $29.09 million in 9M-22, according to the consolidated income statements. The earnings per …

Financial Results

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1 November 2023 08:30 AM AMOC’s consolidated profits up 6% in Q1-23/24

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) registered EGP 423.23 million in consolidated net profit after tax during the first quarter (Q1) of fiscal year (FY) 2023/2024. The registered net profits were higher by 6% year-on-year …

Financial Results

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4 September 2023 01:50 PM AMOC unveils cash dividends for FY22/23

Cairo – Mubasher: The board members of Alexandria Mineral Oils Company (AMOC) greenlighted a cash dividend distribution of EGP 0.60 per share for fiscal year (FY) 2022/2023. The announced cash dividends are still subject to the approval of the …

Board of Directors

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2 August 2023 00:11 PM AMOC records higher net profits in FY22/23

Cairo – Mubasher: The consolidated net profits after tax of Alexandria Mineral Oils Company (AMOC) rose by 11% to EGP 1.32 billion during fiscal year (FY) 2022/2023. The recorded net profits were compared with EGP 1.19 billion in FY21/22, …

Financial Results

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21 June 2023 07:50 AM AMOC targets EGP 603.5m net profits in FY23/24

Cairo – Mubasher: The board members of Alexandria Mineral Oils Company (AMOC) approved the capital budget for fiscal year (FY) 2023/2024 on 19 June, according to a bourse disclosure. AMOC aims to achieve net profits after tax valued at EGP 603.50 …

Board of Directors

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1 May 2023 09:50 AM AMOC posts EGP 1.41bn consolidated profits in 9M-22/23

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) generated consolidated net profits after tax worth EGP 1.41 billion in the first nine months (9M) of fiscal year (FY) 2022/2023. The registered profits were higher by 86% year-on-year (YoY) …

Financial Results

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24 January 2023 10:12 AM AMOC's profits surge in H1-FY22/23 unaudited financials

Cairo – Mubasher: The unaudited consolidated net profits of Alexandria Mineral Oils Company (AMOC) skyrocketed by 146% annually during the first half (H1) of fiscal year (FY) 2022/2023. EGX-listed AMOC registered EGP 1 billion in net profits in …

Financial Results

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27 October 2022 03:01 PM AMOC logs 74% higher earnings in Q1-FY22/23

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) reported consolidated net profits of EGP 398.60 million during the first quarter (Q1) of fiscal year (FY) 2022/2023, a jump of 74% from EGP 229.60 million in the year-ago quarter. The …

Financial Results

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17 October 2022 00:00 PM Maridive receives offer from Ancla Marine Ship to buy unit

Cairo- Mubasher: Maridive & Oil Services announced receiving an offer from Ancla Marine Ship Management to acquire Valentine Maritime, a wholly-owned subsidiary by Maridive. The company’s board of directors will discuss the takeover offer to …

Corporate Actions

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25 September 2022 00:41 PM AMOC’s exports in FY21/22 hit $294m

Cairo – Mubasher: Exports of Alexandria Mineral Oils Company (AMOC) during fiscal year (FY) 2021/2022 amounted to $294 million, Ahram Gate cited the company’s Head, Amr Lotfy, on Sunday. During FY21/22, the company produced 189,000 tonnes of oils …

Financial Results

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25 September 2022 10:40 AM AMOC nods to EGP 710.32m dividends for FY21/22

Cairo – Mubasher: The ordinary general meeting (OGM) of Alexandria Mineral Oils Company (AMOC) has approved a cash dividend distribution of EGP 710.32 million, equivalent to EGP 0.55 per share to shareholders for fiscal year (FY) 2021/2022. The …

General Assembly