PetroSafe sees 30% YoY profit hike in 2023

Reuters

PetroSafe also achieved a profit before tax totaling EGP 75 million, with a 13% increase in assigned projects

Staff Writer, Arab Finance

March 26, 2024

PHOTO

The Petroleum Safety and Environmental Services Company (PetroSafe) has achieved revenues amounting to EGP 670 million in 2023, with an annual growth rate of 30%, Chairman Emad Abdel Razek announced during the company’s general assembly.

PetroSafe also achieved a profit before tax totaling EGP 75 million, with a 13% increase in assigned projects.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.