In the third quarter alone, the company’s net profits increased by 18 percent year-on-year, reaching 643 million dirhams, with revenues increasing by 32 percent to 3.41 billion dirhams in the same period, according to the statement.
The company’s strong financial growth wasADNOC Logistics and Services“As a result of its continued implementation of its ambitious transformational growth strategy, as it aims to implement investments of cumulative value in specialized growth opportunities in the areas of maritime logistics for the energy sector, it has achieved the majority of this strategic investment goal 18 months after its record initial public offering, supported by cumulative contracts.” Long term of more than 340 years.
Captain Abdul Karim Al Musabi, CEO of the company, said that these strong financial results confirm our continued implementation of the company’s strategy for transformational growth, and our focus on achieving increased value for our shareholders through our continued growth.
He expected that the acquisition of ADNOC Logistics and Services PLC would contribute to…Navig 8“, in strengthening its position as a leading global company in the field of logistics and maritime services for the energy sector.
“Furthermore, our strong balance sheet will provide further organic and inorganic growth opportunities to enhance value accretion,” he added.
