Profitability for the quarter dropped 7 per cent compared to a 22 per cent decrease in the company’s realised prices during the period
Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021
It marked a 107 per cent year-on-year rise over the $182m it received in 2020
Dana Gas has invested over $2bn since first entering Egypt in 2007
The natural gas company saw a boost in profit because of increased production and higher oil prices.
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