
Dana Gas PJSC announced its preliminary financial results for the 2024 financial year, which ended on December 31. According to the presented data, the company achieved a 5% increase in revenue for the year, reaching 1.63 billion dirhams ($445 million), compared to 1.55 billion dirhams ($423 million) in 2023.
The company's net profit amounted to 553 million dirhams ($151 million) compared to 586 million dirhams ($160 million) in 2023 after adjustments. This growth was primarily due to additional income gained from improved financial conditions under an agreement for the unified licensing of the company in the framework of a single license recently signed in Egypt.