12.2 % net profit growth "ADNOC Distribution" In the first half
Abu Dhabi, August 7/ WAM/ ADNOC Distribution Company announced today, its financial results for the first half of this year, as the company recorded the highest half annual profits in its history before deducting interest, taxes, consumption and firefighting, which amounting to $ 566 million, an increase of 10.0% on an annual basis.
The company’s net profit increased from the same period by 12.2% on an annual basis, to reach 358 million dollars, and record sales in the quantities of fuel amounting to 7.62 billion liters, which represents a growth of 5.6% on an annual basis.
Engineer Badr Saeed Al -Lamki, CEO of ADNOC Distribution, said that the strong results achieved by the company during the first half of 2025 emphasize the success of implementing the five -year growth strategy for the years 2024-2028, which are based on operational excellence and innovation that puts customer needs at the core of its priorities, and confirms the continuous growth in profits before deducting benefits, taxes, consumption, firefighting and net The profits are the company’s ability to expand efficiently, achieve added value, and enhance its leadership in the movement and retail trade sector.
He added that the company continues to consolidate its position in the markets to achieve sustainable and long -term growth and rewarding returns for shareholders, by adopting the latest technologies, exploring new opportunities to enhance operational efficiency, and expand the scope of high -quality services to reach a greater number of societies.
The non -fuel retail sector witnessed double growth, as the total profits of the sector increased by 14.9% on an annual basis, and the number of transactions increased by 10.4% on an annual basis during the first half of the year, and this outstanding and continuous performance of the non -fuel retail sector, which has grown with the rate of exceeding the fuel distribution sector, enforce the company’s strategy to diversify the sources of revenues and meet the increasing demand for retail services, as witnessed the program. “ADNOC’s bonuses”, growth of 19.5% on an annual basis, bringing the number of its members to approximately 2.5 million.
The strategic expansion of the network of service stations of “ADNOC Distribution” continued to add 47 new stations, bringing the total number of stations to approximately 940 stations, and the majority of the new stations in the Kingdom of Saudi Arabia are concentrated, where the company continues to adopt a low -cost -cost business model represented by the “owned by the agent, and managed by the company” and designed to enhance sustainable growth, where this model has enabled the company From doubling the number of its stations in the Kingdom on an annual basis, from 69 to 140 service stations.
The company reviewed its expansion plan and raised the number of targeted stations to between 60 and 70 new stations by the end of 2025, including between 50 and 60 stations in the Kingdom of Saudi Arabia, in addition to that the company announced last May the official launch of the lubrication oils “ADNOC Voyager” in the Egyptian market, where it became available for the first time in many independent points of sale in various parts of the Arab Republic of Egypt, and the company aims to reach 3,000 points of sale in the Egyptian market By the end of 2026.
During the first half of 2025, ADNOC Distribution has achieved a prominent achievement of the expansion of the “E2GO” network for high -speed charging for electric vehicles to more than 300 electrical charging points throughout the UAE, while continuing to implement its plan to add 100 new freight points during 2025.
As part of its digital transformation efforts, the ADNOC Distribution Board of Directors adopted during its last meeting the “Meerai” application, the new artificial intelligence tool for “ADNOC”, to help the executive management make more and more effective deliberate decisions, based on data.
Thanks to the strong public budget enjoyed by ADNOC Distribution, with the percentage of the net debt rate to profits before deducting interest, taxes, consumption and firefighting 0.80 times at the end of the first half of 2025, the company continues to adhere to the policy of rewarding and transparent cash dividends in relation to revenues, with plans to distribute annual profits of 700 million dollars- i. 75% of net profits – whichever is higher – until 2028.
These distributions represent an annual return of approximately 6%, based on the share price of 3.70 as on August 6, 2025, and it is expected that the company will distribute cash profits of $ 350 million for the first half of 2025 in October, after obtaining the approval of the Board of Directors.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
