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198 million dirhams, profits of «Dana Gas»

Sharjah (Union)

The net profit of Dana Gas increased by 125% in the first quarter of 2022, to reach 198 million dirhams, compared to 88 million dirhams in the first quarter of 2021.
The company’s revenues amounted to 513 million dirhams, an increase of 32% compared to 389 million dirhams in the first quarter of 2021.
The increase in revenue and profits is attributed to the increase in oil prices and the company’s effective efforts in managing costs. The company’s earnings before interest, taxes, depreciation and depreciation increased by 62% in the first quarter of 2022 to reach AED 297 million ($81 million).

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