INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

ADNOC L&S H1 net profit $420m

Net profit for the quarter grew 14 percent YoY to $236 million (AED866 million). (WAM)
  • ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1.258 billion (AED 4.618 billion)
  • In H1 2025, the company’s revenue was $2.439 billion (AED 8.9 billion), a 40 percent YoY increase.

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.”