Abu Dhabi – Mubasher: The net profits of ADNOC Gas hiked to $2.65 billion in the first half (H1) of 2025 from $2.37 billion in H1-24, according to the financial results.

The revenues amounted to $9.32 billion in H1-25, down from $9.42 billion in the same period a year earlier.

Basic and diluted earnings per share (EPS) jumped to $0.037 as of 30 June 2025 from $0.031 in H1-24.

Results for Q2-25

In the second quarter (Q2) of 2025, the net profits increased by 16% year-on-year (YoY) to $1.38 billion from $1.18 billion.

Revenues shrank to $4.65 billion in April-June 2025 from $4.86 billion, while basic and diluted EPS rose to $0.018 from $0.016.

Meanwhile, the board approved an interim dividend of $1.79 billion for H1-25, up 5% YoY, scheduled for distribution in September.

Fatema Al Nuaimi, CEO of ADNOC Gas, said: “This performance shows that we are well on our way to achieving our ambition of over 40% EBITDA growth between 2023 and 2029, as outlined in our strategy update last November.”

“With healthy cash flows and robust margins, we remain well-positioned for long-term growth, and our resilient business model continues to deliver strong returns,” Al Nuaimi mentioned.

In Q1-25, the total income increased by 7% to $1.26 billion from $1.18 billion as of 31 March 2024.