Tanmia Petroleum achieves EGP 335M gross profit in 2023

Updated 4/2/2024 11:25:00 AM
Tanmia Petroleum achieves EGP 335M gross profit in 2023

Arab Finance: Tanmia Petroleum Company has earned gross operating profits of EGP 335 million in 2023, the firm’s Chairman Mostafa Amer announced on April 1st.

The announcement came on the sidelines of the company’s ordinary general meeting (OGM).

Amer said that Tanmia would operate solar energy-powered wells, which would contribute to securing 25,000 liters of diesel annually.

This is along with sealing agreements and protocols in the field of mineral resources, he added.

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