Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced a net profit of AED 553 million ($151 million) for the full year 2024. The company also reported a 5% increase in revenue to AED 1.63 billion ($445 million), driven by improved fiscal terms under its newly signed Consolidated Concession Agreement in Egypt.Financial Highlights: Revenue Growth: 5% increase to AED 1.63 billion ($445 million) compared to 2023. Net Profit: AED 553 million ($151 million), impacted by a one-off impairment charge of AED 121 million ($33 million) in Egypt. Excluding...

https://www.emirates247.com/business/corporate/dana-gas-reports-aed-553-million-net-profit-for-2024-plans-to-resume-dividends-2025-02-07-1.737246

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