2.12 billion dirhams, net profits of “ADNOC Distribution” within 9 months

ADNOC Distribution announced that it achieved earnings before interest, taxes, depreciation and amortization of $885 million (about $3.24 billion) during the first nine months of 2025, an increase of 12%, which is the strongest performance achieved by the company during nine months since the initial public offering in 2017, while net profit during the same period increased by 15.6% on an annual basis to achieve $579 million (about 2.12 billion). dirham).

During the third quarter of 2025, the company achieved new levels of earnings before interest, tax, depreciation and amortization, reaching $319 million, an increase of 15.9% year-on-year. It also achieved a 21.5% increase in net profits to reach $221 million, with each of them exceeding analysts’ expectations, according to a statement issued yesterday.

The company recorded the highest quantities of fuel sales in its history during the first nine months, with a total of 11.7 billion liters.

As part of ADNOC Distribution’s regional expansion, the company added 85 new service stations to its network during the first nine months of the year, bringing the total number of stations to 977 stations.

Most of these additions came in Saudi Arabia, where the company added 72 new stations, bringing its network of stations in the Kingdom to 172 service stations, achieving annual growth of 150% on an annual basis, which confirms its commitment to expanding its presence in the region.

After ADNOC Distribution exceeded its expansion goals ahead of schedule, the company announced raising its targets for the end of the year to open between 90 to 100 new service stations by the end of 2025, compared to previous directives that indicated only 60 to 70 service stations.

Badr Saeed Al Lamki, CEO of ADNOC Distribution, said: “The record performance achieved by ADNOC Distribution this year confirms the strength of its five-year growth strategy and its contribution to consolidating its position as a leading company in the transportation and retail trade sector. It recorded the highest quarterly profits in its history before deducting interest, taxes, depreciation and amortization, in addition to its rapid expansion in the network of service stations, which confirms the strength of its business model and its firm confidence in its ability to achieve long-term growth.”

He added, “This confidence is evident in raising expansion targets and extending the dividend policy for an additional two years, ensuring remunerative and stable returns for investors,” noting that “by focusing on the non-fuel retail sector, including launching the developed brand (Oasis by ADNOC) and expanding the network of rental real estate units, the company is working to build a flexible platform for transportation and retail stores that meets the growing needs of customers, and contributes to creating sustainable and long-term value for shareholders, supported by a strong budget and a clear vision for growth.” The future.