Maridive turns to losses in H1 2025

Updated 9/30/2025 10:00:00 AM
Maridive turns to losses in H1 2025

Arab Finance: Maridive and Oil Services (MOIL) recorded $22.317 million in standalone net loss in the first half (H1) of 2025, compared to profits of $1.564 million in H1 2024, according to the financial indicators.

Meanwhile, revenues came in at $38.785 million, up 20% YoY from $32.305 million in H1 2024.

Maridive Group is an Egypt-based company engaged in the provision of offshore marine and oil support services in the Middle East and North Africa Region.

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