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AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

BinDawood’s H1 profit tumbles

The company attributed the weak figures to lower gross profit and higher operating expenses. (Asia Newsday)
  • The company's board proposed a half-year cash dividend payout of $27 million at SR0.9 per share
  • Its sales and revenues surpassed $640 million during the first half of the current year

BinDawood Holding Company has reported a 31 percent dip in H1 profit to $28.80 million, compared with the profit of $41.86 million for the same period of the last year.

The company said the weak figures resulted from a dip in gross profit and and an increase in operating expenses.

The company’s board proposed a half-year cash dividend payout of $27 million at SR0.9 per share, bourse filings show.

Its sales and revenues surpassed $640 million during the six-month period.

The company CEO, Ahmad BinDawood, said.“Our strong start to the year in terms of sales has been driven by a return of pilgrims for Hajj and Umrah, coupled with marketing and promotions carried out during Ramadan and Back to School seasons.”