Maridive and Oil Services S.A.E. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 41.57 million compared to USD 20.59 million a year ago. Net income was USD 8.09 million compared to net loss of USD 10.39 million a year ago.

Basic earnings per share from continuing operations was USD 0.017 compared to basic loss per share from continuing operations of USD 0.022 a year ago.