Maridive And Oil Services (MOIL) Surges 65% on Positive Earnings Report, Hits 5-Year High

Maridive And Oil Services (MOIL) surged 65% following the announcement of its latest financial results. On July 15, the Board of Directors announced a net profit of $20.4 million, marking a 152% increase from the $8.1 million reported for the same period in 2023.

MOIL's stock closed at $0.226 per share on July 14 and has since risen to $0.375 per share as of the July 21 session at 12:57 CLT, reaching a five-year high of $0.35 per share. Today, the company also released its full consolidated financial statements.

MOIL Earnings .pdf

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MOIL BOD Summary circulation English.pdf

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