Search

Saved articles

You have not yet added any article to your bookmarks!

Browse articles
Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

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. 155

#Global #News, #Economic #Share #Market,

Amazon Layoffs 2025 Employees Fired by Early Morning Text Messages
Nov. 3, 2025 2:31 p.m.
Amazon layoffs 2025 shock staff as 14,000 employees lose jobs via early morning text messages amid major restructuring
Read More
Young Man Dies After Late-Night Incident in Tyrrelstown, Dublin
Nov. 3, 2025 2:20 p.m.
A man in his 20s has died after a violent incident in Tyrrelstown, Dublin. Gardaí have arrested one man and launched an investigation
Read More
Unpacking the Global Trade Shift: Tariffs, Alliances, and Economic Power Plays
Nov. 3, 2025 2:05 p.m.
A deep dive into the evolving global trade landscape, exploring the effects of tariffs, international alliances, and strategic economic maneuvers that are resha
Read More
Inside the Startup Surge: How Emerging Markets Are Leading the Next Tech Wave
Nov. 3, 2025 1:56 p.m.
A detailed exploration of the explosive growth of startups in emerging markets, the factors driving innovation, and why these regions are becoming global hotspo
Read More
From Fake News to Deep Fakes: Navigating Digital Literacy in 2025
Nov. 3, 2025 1:33 p.m.
A comprehensive exploration of the evolving landscape of digital literacy, from combating misinformation to understanding deep fakes, and why these skills are c
Read More
Charles Leclerc Engaged to Alexandra Saint Mleux in Adorable Proposal
Nov. 3, 2025 1:30 p.m.
Formula 1 star Charles Leclerc announces engagement to Alexandra Saint Mleux with a heartwarming proposal featuring their pet dog Leo
Read More
Trump says ‘No, not really’ to US plan selling Tomahawks to Ukraine
Nov. 3, 2025 12:47 p.m.
Donald Trump has rejected plans to sell Tomahawk missiles to Ukraine, saying he doesn’t want to escalate the ongoing war
Read More
Pankaj Tripathi Mother Hemwanti Devi Dies at 89 in Bihar Home
Nov. 3, 2025 12:37 p.m.
Actor Pankaj Tripathi’s mother, Hemwanti Devi, dies at 89 in Bihar. The actor was by her side as she passed away peacefully in her sleep
Read More
Telangana Bus Accident 24 Dead as Lorry Collides Near Chevella
Nov. 3, 2025 12:33 p.m.
Tragic Telangana bus accident kills 24 after lorry collision near Chevella. Rescue teams race to save passengers trapped under debris
Read More
Trending News