The Maridive and Oil Services Company – Maridive standalone financial statements, during the first half of this year, showed a decrease in the company’s losses by 56 % (YoY) to $7.3 million, The company’s activity revenues increased by 11% during the first half of this year to 23.09 million dollars, compared to revenues of 20.77 million dollars in the comparable half of 2021.
The company achieved gross income amounting to 256 thousand dollars during the first half of this year compared to a gross loss of 4.77 million dollars in the comparable half of 2021, The company achieved net losses amounting to 7.32 million dollars during the period from January to the end of June 2022, compared to losses amounting to 16.76 million dollars in the comparable half of 2021.
