The current low share of renewables in the energy mix of GCC nations increases the potential for significant investment in this sector, says a report.

The company's revenue grew by 40 percent year-on-year.

The company’s 2023 annual revenue rises to US$1.2 billion.

e& said the net profit is a growth of 3 percent year-over-year.

The annual net profit in 2022 was US$470 million.

The EDITDA of $1bn benefited from OPEX saving of $28m.

It posted a 189% jump in revenue in Q3 to US$1.15bn.

The company logged a 34% surge in EBITDA.

The company's revenue grew 13.9 percent to $9.03 billion.

Net profit was affected by higher interest rate.

The Company’s non-fuel retail business rose by over 12%.

The company’s EBITDA in H1 2023 was US$178 million.

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.

The group's EBITDA also rose by 33 percent YoY.

The firm recorded a net profit of $873 million.

Aramex said revenue was impacted by currency fluctuations, etc.

Revenue is due to demand for fixed, mobile services.

The Aluminum producer claimed 2022 results as its strongest ever.

Revenue in fourth quarter of 2022 was $630m.

The company posted an EBITDA of $189 million.

The EBITDA rose 18 percent from $435 million a year ago.

H1 2022 net profit increased by 232 percent

The company recorded an EBITDA of US$0.54 billion.

The EBITDA grew 155 percent to $770 million in Q2 2022

The company’s consolidated revenues reached AED 26.3bn.

The profit saw an increase of 3 percent over H1 2021.

The company raised its H1 2022 dividend guidance to at least $700 million.

The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.

The company signed several contracts in Data and Mobility solutions businesses.

ADNOC Distribution has reported that its EBITDA stood at AED 3.1 billion, with net profit of AED2.2 billion for 2021.

This was the company's first quarterly disclosure since listing on ADX.

The group’s net loss for the period was AED5.7 billion ($1.6 billion), substantially better than the AED14.1 billion ($3.8 billion) loss last year.

The company expects the strong showing to continue in Q4.

Its consolidated revenues in Q3 reached AED13.3bn ($3.62bn).

Batelco said steady revenue growth led to this rise in profit.

According to financial results, mobile customer base reached 6.5 million. The postpaid segment remains resilient with net-adds of 13,000. The postpaid customer base grew to 1.3 million as a result of an improved digital Customer Experience as well as enhancements to the Power Plans.

This was the company’s strongest H1 financial performance ever.

It saw $2.04 billion revenue in the first half of 2021.

Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half of 2021 helped in delivering good results.

Batelco said the steady rise in revenues in H1 2021 led to the increase in net profit.