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Dana Gas PJSC has announced its preliminary financial results for the full year ended 31 December 2022: The Company reported net profit of AED 667 million ($182mm) in 2022 as compared to AED 1.16 billion ($317mm) in 2021. Excluding other income and impairments, Dana Gas reported adjusted net profit of AED 718 million ($196mm) as
Dana Gas, the Middle East’s largest regional private sector natural gas firm, posted net profit of AED667 million ($182 million) in 2022 as compared to AED1.16 billion ($317 million) in 2021.
Records 17% growth in revenues at Dh1.94 billion and attributes to higher realised prices and production output in the Kurdistan Region of Iraq
Company did not let distractions from explosions at KRI field get in the way
Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021