ADNOC Companies Report AED 8.4 Billion Profit

by Archynetys Economy Desk

ADNOC Group Companies Announce Strong Q1 2025 Results

The “ADNOC” group of companies listed on the Abu Dhabi Securities Market
(ADX) have reported robust financial results for the first quarter of
2025, driven by strong sales and strategic growth initiatives.

the “ADNOC” group, consisting of publicly traded entities on the Abu Dhabi
Securities Market, collectively generated a net profit exceeding 8.4
billion dirhams (2.3 billion dollars) in Q1 2025.This performance
underscores the resilience of their operational framework and their
capacity to secure substantial financial gains amidst a dynamic market
landscape.

These listed companies demonstrated notable financial strength in the first
quarter, aligning with their strategic priorities focused on fostering
growth and enhancing profitability.

ADNOC Distribution‘s Record Profits

“ADNOC Distribution” reported a net profit of 639 million dirhams (174
million dollars) for Q1 2025, marking a 16% year-over-year increase.This
represents the highest Q1 profit before interest, taxes, depreciation, and
amortization (EBITDA) in the company’s history, fueled by record sales
and strong performance in the non-fuel retail sector.

“ADNOC Distribution” achieved the highest Q1 profit before interest,
taxes, depreciation, and amortization (EBITDA) in the company’s history.

The company expanded its network by 20 new service stations during the
quarter,bringing its total to 915. This advancement signifies progress
toward its objective of adding 40 to 50 new stations by the close of
2025.

“ADNOC Distribution” reaffirmed its commitment to its dividend policy,
aiming to distribute annual cash dividends of 2.57 billion dirhams (700
million dollars), equating to 20.57 fils per share, or at least 75% of
net profits, whichever is higher, through 2028.

ADNOC Drilling’s Revenue Surge

“ADNOC drilling Company” announced robust financial results for Q1 2025,
with revenues increasing by 32% year-over-year to 4.30 billion dirhams
(1.17 billion dollars). EBITDA rose by 22% to 1.96 billion dirhams (533
million dollars), and net profit increased by 24% to 1.30 billion dirhams
(341 million dollars) compared to the same period last year.

the company secured new contracts valued at over 8.8 billion dirhams (2.4
billion dollars), providing enhanced visibility into future earnings and
supporting strong returns.

The Board of Directors approved quarterly dividend distributions,with the
first quarter payment for 2025 set at 217 million dollars.

“ADNOC Drilling” anticipates revenues between 4.60 and 4.80 billion
dollars and a net profit ranging from 1.35 to 1.45 billion dollars for the
full year 2025.

ADNOC Gas Reports Income Growth

“ADNOC Gas Company” reported a net income of 4.7 billion dirhams (1.27
billion dollars) for Q1 2025, a 7% increase year-over-year. EBITDA
reached 7.9 billion dirhams (2.16 billion dollars),exceeding the Q1 2024
figure by 4%.

About the Author

Amelia Davies is a financial journalist with expertise in Middle Eastern
markets. she has covered business and economic trends for over a decade.


Related Posts

Leave a Comment