Dana Gas posts Dhs33m Q2 profit

12 August 2010

UAE-based Dana Gas has posted a net profit of Dhs33m ($8.98m) in the second quarter, on strong production growth in its Egypt and Kurdistan operations. Revenue from the sale of hydrocarbons increased 41% to Dhs428m, while gross profit climbed 84% to Dhs179m compared to the same period last year.

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