Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) recorded an annual hike in net profit attributable to the equityholders to AED 703.05 million during the first nine months (9M) of 2022, versus AED 501.04 million.
Revenues amounted to AED 6.07 billion in the January-September 2022 period, up from AED 5.38 billion in 9M-21, according to the income statements.
The basic and diluted earnings per share (EPS) attributable to the shareholders increased to AED 0.85 in 9M-22, compared to AED 0.64 during the same period a year earlier.
In the third quarter (Q3) of 2022, the net profits attributable to the owners of NMDC reached AED 299.96 million, higher than AED 270 million in Q3-21.
Meanwhile, the Q3-22 revenues surged to AED 2.52 billion from AED 2.11 billion in Q3-21.
Additionally, the basic and diluted EPS attributable to the equityholders stood at AED 0.36 in Q3-22, versus AED 0.33 in the year-ago period.
During the first half (H1) of 2022, the UAE-based company achieved net profits attributable to the shareholders worth AED 403.08 million, a jump from AED 231.03 million in H1-21.
