Company «NDC Energy» announced a jump in annual revenues by 29%, reaching 18.7 billion dirhams. International markets (outside the UAE) accounted for 30% of this amount, while net profit increased by 14% year-on-year to reach 1.6 billion dirhams. The board of directors proposed increasing the company's cash distributions by 14% to 800 million dirhams for the fiscal year 2025, equivalent to 16 fils per share, which represents 50% of the net profit. This proposal is subject to approval by shareholders at the upcoming annual general meeting. These strong financial results are driven by...
NDC Energy Revenue Jumps 29%
«NDC Energy» reported a 29% increase in revenue and a 14% increase in net profit for the year. The board proposed a 14% increase in dividends.