Cairo – Mubasher: The consolidated net losses of Maridive and Oil Services widened by 316.95% year-on-year (YoY) to $92.67 million in the first nine months of 2020, compared to $22.225 million in the year-ago period.

The company’s revenues rose to $145.95 million in the January-September period from $105.55 million in the corresponding period in 2019, according to a bourse disclosure on Tuesday.

During the first half (H1) of 2020, Maridive incurred net losses of $48.62 million, compared to $4.51 million in H1-19, including minority shareholders’ rights.