Egypt's Maridive 2011 Q1 net profit up 18 per cent

Reuters, Thursday 9 Jun 2011

Biggest oil services firm by fleet size in Mideast reports $14.8 million in gains

Egypt's Maridive and Oil Services, the biggest oil services firm by fleet size in the Middle East, said on Thursday its first-quarter 2011 net profit rose 18 per cent.

The firm posted net profit of US$14.8 million after minority interests, versus $12.5 million a year earlier

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