NMDC Energy’s net profits leap to AED 217m in Q1-25

Abu Dhabi – Mubasher: NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), reported net profits valued at AED 217 million in the first quarter (Q1) of 2025.

The earnings were higher year-on-year (YoY) than AED 173.96 million, according to the financial results.  

Revenues hiked to AED 3.73 billion in the first three months (3M) of 2025 from AED 2.13 billion in 3M-24.

Basic and diluted earnings per share (EPS) edged up to AED 0.04 as of 31 March 2025 from AED 0.03 in Q1-24.

The group’s net profits jumped by 80% YoY to AED 1.40 billion in 2024 from AED 780.42 million.

Mubasher Contribution Time: 01-May-2025 09:21 (GMT)
Mubasher Last Update Time: 01-May-2025 09:21 (GMT)