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Maridive’s consolidated net profit jumps 346% YoY in H1 2026

Updated 9/23/2026 8:29:00 AM
Maridive’s consolidated net profit jumps 346% YoY in H1 2026

Arab Finance: Maridive and Oil Services reported a consolidated net profit after tax of $48.610 million in the first half (H1) of 2026, up 346% year on year (YoY) from $10.886 million in H1 2025, according to the company’s unaudited financial results.

Revenues rose 8% YoY to $134.272 million in the first six months of 2026, compared with $124.670 million in the same period a year earlier.

It is worth mentioning that the company recorded a standalone net profit after tax of $4.550 million in H1 2026, compared with a net loss of $22.317 million in H1 2025.

 

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