NMDC Energy reported strong financial results for the first half of 2025, with a 41 per cent year-on-year increase in revenue to AED8.2 billion ($2 billion) and a 16 per cent rise in net profit to AED583 million compared to 2024.

 

The company also achieved award wins totaling AED13.9 billion, and a backlog of AED49.9 billion by the end of June 2025.

 

In Q2 2025, revenue grew 21 per cent to AED4.4 billion and net profit increased 12 per cent to AED366 million, supported by sustained momentum across core EPC and industrial operations.

 

The company's 400,000 sqm fabrication yard in Ras Al Khair, Saudi Arabia, became fully operational, strengthening its offshore EPC and modular construction capabilities.

 

Mohamed Hamad Almehairi, Chairman of NMDC Energy, said, “Our progress this quarter demonstrates NMDC Energy’s pivotal role in building regional industrial capability at pace and at scale, as we charter a strategic path that emphasises future-ready initiatives and targeted growth.

 

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 Al Dhaheri, CEO of NMDC Energy, said: “We continue to build precision and scale into our operations. 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.” -OGN / TradeArabia News Service