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Petromaint inks contracts worth EGP 4.4bn in 2020

Petromaint inks contracts worth EGP 4.4bn in 2020
Petromaint’s net profits rose by 24% year-on-year in 2020

Cairo – Mubasher: Alexandria Petroleum Maintenance Co. (Petromaint) signed contracts worth EGP 4.4 billion in 2020, the company’s Chairman and Managing Director, Nael Darwish, said.

Petromaint’s net profits rose by 24% year-on-year (YoY) in 2020 for the first time, Darwish added in a statement released by the Ministry of Petroleum and Mineral Resources on Thursday.

These remarks came during the general assembly headed by the Minister of Petroleum, Tarek El-Molla, to approve the business results of 2020.