Abu Dhabi, UAE — ADNOC Logistics and Services (ADNOC L&S) has reported record-breaking second-quarter (Q2) and first-half (H1) results for 2025, surpassing market expectations.
ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1.258 billion (AED 4.618 billion) with EBITDA growing 31 percent YoY to $400 million (AED 1.470 billion).
Net profit for the quarter grew 14 percent YoY to $236 million (AED 866 million).
In H1 2025, the company’s revenue was $2.439 billion (AED 8.9 billion), a 40 percent YoY increase. EBITDA rose by 26 percent YoY to $744 million (AED2,732 million), driven by robust performance across all business segments, sustaining EBITDA margin at 30 percent.
Net profit for H1 2025 was $420 million (AED 1.544 billion), up 5 percent YoY, and up 18 percent compared to H2 2024.
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said, “We are proud to report our highest-ever quarterly results, underscoring the strength of our growth strategy and our ability to capitalize on diversified opportunities across our Integrated Logistics, Shipping and Services segments.”
