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NMDC Group Posts 26% Profit Jump to AED2.8 Billion

NMDC Group Posts 26% Profit Jump to AED2.8 Billion

Post by : Badri Ariffin

The NMDC Group has announced a robust financial performance for the first nine months of 2025, highlighting strong growth across its operations and expanding global footprint. The company’s revenues climbed 11% year-on-year to AED20.5 billion, while net profit surged 26% to AED2.8 billion, marking one of its best performances in recent years.

The growth was supported by consistent execution of major projects, efficient operations, and improved margins. The net profit margin reached 13.5% during the period, underscoring the Group’s focus on operational excellence and disciplined cost management.

As of September 2025, NMDC Group’s project backlog stood at AED62.3 billion, reflecting its strategic push into new geographies. Total awarded projects reached AED17.7 billion in the first nine months of the year, with 38% coming from international markets — a clear sign of the Group’s growing global presence.

This year also marked NMDC’s debut in the Philippines, securing a US$610.1 million marine project in Manila Bay. The Group further expanded its regional portfolio with a US$104.2 million marina development contract in Salalah, Oman. In addition, NMDC Energy bagged a major US$1.13 billion EPC contract in Taiwan Province for a subsea gas pipeline project — a significant milestone in its energy vertical.

NMDC’s total project pipeline reached AED89 billion by the end of September 2025, spanning its key divisions — NMDC Dredging & Marine, NMDC Energy, and NMDC Infrastructure. The continued diversification across sectors and regions reinforces its position as one of the region’s most dynamic engineering and construction groups.

With a healthy order book, global project wins, and consistent financial growth, NMDC Group appears well-positioned to close 2025 on a strong note, setting the stage for another year of expansion and resilience in 2026.

Oct. 30, 2025 3:08 p.m. 479

#Global #News, #Economic #Share

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