Abu Dhabi – Mubasher: The net profits after tax of NMDC Energy jumped by 16% to AED 583 million in the first half (H1) of 2025 from AED 502 million in H1-24.

The company posted revenues worth AED 8.16 billion as of 30 June 2025, an annual surge of 41% from AED 5.80 billion, according to the financial results.

This was underpinned by buoyant revenue growth seen in the first two quarters of 2025, despite a challenging operating environment.

In the second quarter (Q2) of 2025, the company’s net profits increased by 33% year-on-year (YoY) to AED 366 million from AED 328 million. Revenues enlarged by 21% YoY to AED 4.43 billion from AED 3.67 billion.

Quarterly, the Q2-25 profits widened by 69% from AED 217 million in Q1-25, while the revenues climbed by 19% from AED 3.73 billion.

Mohamed Hamad Almehairi, Chairman of NMDC Energy, said: “These are not just partnerships – they are the building blocks for long-term value and self-sufficiency – as we invest our traditional strengths and emerging opportunities to deliver growth and operational excellence at the forefront of the evolving energy sector.”

Ahmed Salem Al Dhaheri, CEO of NMDC Energy, added: “We advanced local manufacturing partnerships, expanded regional fabrication capacity, and brought one of the Gulf’s most advanced yards online.”

“These steps position NMDC Energy to undertake more complex EPC work – faster and at a greater scale. We are building the next phase of our growth with precision, ambition and impact as we shape a world where infrastructure meets excellence,” Al Dhaheri mentioned.