Money and business

2.8 billion dirhams net profits "NMDC Group" Within 9 months

Abu Dhabi, October 30 / WAM / NMDC Group announced its financial results for the first nine months of 2025, as its revenues increased by 11% on an annual basis to reach 20.5 billion dirhams, while net profits jumped by 26% on an annual basis to reach 2.8 billion dirhams, driven by an increase in the profit margin, which reached 13.5% during the first nine months.

The company continues to enhance its projects under implementation, which amounted to 62.3 billion dirhams by the end of September 2025, through its strategic focus on geographical expansion.

The total value of new projects reached 17.7 billion dirhams during the first nine months of 2025, of which international markets contributed 38%.

During the third quarter of the year, NMDC Group succeeded in entering the Philippine market through a project worth US$610.1 million in Manila Bay, and won another project worth US$104.2 million to construct a new marina in Salalah, Sultanate of Oman.

NMDC Energy was awarded an engineering, procurement and construction contract worth $1.14 billion to implement an offshore gas pipeline project in Taiwan Province.

NMDC Group continues to enhance its portfolio of future projects, with its total value reaching 89 billion dirhams by the end of September 2025, within various business units that include NMDC Dredging and Marine, NMDC Energy and NMDC Infra.

His Excellency Mohammed Thani Al Rumaithi, Chairman of the Board of Directors of NMDC Group, said that the group continues to consolidate its position as a reliable global partner for the public and private sectors in various fields in many countries, and its strong performance during the first nine months of 2025 reflects the depth of its capabilities and its ability to conclude strategic cooperation relationships, as well as its high flexibility that enables it to implement projects with extreme precision.

For his part, Engineer Yasser Zaghloul, CEO of NMDC Group, said that the group’s outstanding performance during the first nine months of the year reflects its operational efficiency, its high ability to achieve integration between its various business units, and its continued focus on expanding its operations around the world.

He added that this is confirmed by its continued success in winning projects and implementing them with high efficiency in various markets, supported by the high confidence of customers.

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