Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) achieved AED 880.17 million in net profit attributable to the shareholders during the first half (H1) of 2023.
The generated net profits were higher year-on-year (YoY) than AED 403.08 million, according to the income statements.
Revenues enlarged to AED 6.76 billion in H1-23 from AED 3.54 billion in H1-22.
In the first six months (6M) of 2023, the basic and diluted earnings per share (EPS) hit AED 1.07, up from AED 0.49 as of 30 June 2022.
Financial Results for Q2-23
The net profits attributable to the owners reached AED 577.24 million in the second quarter (Q2) of 2023, versus AED 337.70 million in the year-ago period.
The revenues jumped to AED 3.55 billion in Q2-23 from AED 1.99 billion in Q2-22, while the basic and diluted EPS hiked to AED 0.70 from AED 0.40.
During January-March 2023, the ADX-listed firm posted 366% YoY higher net profits attributable to the equityholders at AED 302.93 million, compared to AED 65.38 million.
