639 million dirhams profits "ADNOC Distribution" 16% growth in the first quarter
Abu Dhabi, May 6/ WAM/ Today, “ADNOC Distribution” announced the highest profits for the first quarter of the year before deducting interest, taxes, consumption, firefighting, and fuel quantities, as it recorded double profit growth on an annual basis thanks to its strong operational performance.
And “ADNOC Distribution” achieved during the first three months of 2025 financial performance exceeded the expectations of analysts, as the company’s net profit witnessed a 16%increase, on an annual basis to reach 639 million dirhams “174 million dollars.”
The profits also increased before deducting interest, taxes, consumption and firefighting by 11% to 1.01 billion dirhams “275 million dollars”, while the basic profits recorded before deducting interest, taxes, consumption and firefighting by 13%, reaching 904 million dirhams “246 million dollars”.
These results were driven by growth in the fuel sectors, retail for non -fuel, and the company’s focus on achieving sustainable growth and reducing costs.
“ADNOC Distribution” added 20 new service stations during the first quarter of 2025, bringing the total number of stations to 915 stations, compared to 846 stations during the first quarter of 2025, which confirms the company’s commitment to achieving its goal of adding 40 to 50 new stations by the end of 2025.
This expansion is driven by the “ADNOC Distribution” focus on the large and growing fuel segmental market in the Kingdom of Saudi Arabia, where the company was able to expand quickly to meet the increasing demand, while reducing capital expenses by adopting the smart business model of “the agent owned by the agent, and managed by the company.”
During the first quarter of the year, ADNOC Distribution contracted to add 15 new service stations in Saudi Arabia, bringing the total number of stations in the Kingdom to 115 service stations, an increase of 67% compared to the first quarter of 2024.
Engineer Badr Saeed Al -Lamki, CEO of ADNOC Distribution Company, said that the results achieved by the company during the first quarter of this year confirm its firm commitment to growth, as well as providing innovative and sustainable solutions to its customers, while working to create a long -term value for its shareholders.
He pointed out that the results of the first quarter of 2025 highlighting the strong growth achieved by the company by 11% in profits before deducting interest, taxes, consumption and firefighting, and the rise of net profits by 16%, which confirms the progress made by “ADNOC Distribution” in implementing its five-year growth strategy 2024-2028, and its commitment to operational excellence.
He added that while ADNOC continues to distribute the network of its service stations and enhance its capabilities by adding new stations and upgrading the customer experience, it will continue to take advantage of future opportunities and formulate new criteria in the transfer and retail sectors.
The company recorded the highest level of fuel sales in its history during the first quarter of 2025, which reached 3.7 billion liters, thanks to the growth of its market share and increased demand, and the expansion of its network of stations in the Emirates, Saudi Arabia and Egypt.
The non -fuel retail trade continues to enhance its role as a major growth engine, superior to the growth rate of the retail sector, to play an active role in enabling “ADNOC Distribution” to achieve the maximum value of its assets.
The number of members of the ADNOC rewards program, which is the largest customer loyalty program in the country, reached 2.4 million, an increase of 19% on an annual basis.
The company also expanded greatly, its “E2GO” network, which is for charging electric vehicles.
In the first quarter of 2025, the company added 63 new, high -speed charging points, bringing the total points installed throughout the UAE to 283 charging points, which represents an increase of three times.
This expansion contributes to the company’s position on the right track to achieve its goal by adding 100 new shipping points at the end of 2025, in line with its commitment to expanding the charging points network to reach more than 500 points by 2028.
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