Maridive Oil and Services consolidated financial statement indicators, during the first quarter of 2022, decreasing its losses by 46 percent on an annual basis.

The company achieved losses of 10.7 million dollars during the period from January to the end of March 2022, compared to losses of 19.8 million dollars in the comparable quarter of 2021. The company’s activity revenue fell during the first quarter of 2022 to $20.59 million, compared to activity revenue of $37.7 million in the comparable quarter of 2021.