2.7 billion dirhams, net profits of “ADNOC supply”

ADNOC Supply and Services Company BLC announced yesterday its financial results for 2024, recording revenues of 13.03 billion dirhams, an increase of 29% over 2023, while the net profit reached 2.77 billion dirhams, equivalent to 0.38 dirhams per share, registered An annual increase of 22%, and the profits increased before deduction of interest, taxes, depreciation and consumption by 31%to reach 4.21 billion dirhams, driven by strong performance across all business sectors, which led to the preservation of profit margins before deducting benefits, taxes, consumption and consumption at 32%, and revenues rose The company is in the last quarter of 2024 by 6% on an annual basis to reach 3.23 billion dirhams.