Abu dhabi: NMDC Energy, a provider of engineering, procurement, and construction services for offshore and onshore energy clients, announced its full year financial results for 2025, with revenues surging 29 percent year-on-year to AED18.7 billion. International markets contributed 30 percent of the revenues, while net profit grew 14 percent year-on-year to AED1.6 billion.
According to Emirates News Agency, NMDC Energy's board proposed increasing its cash dividend by 14 percent to AED800 million for the 2025 financial year. This proposal, representing 16 fils per share and a payout ratio of 50 percent, is subject to shareholders' approval at the upcoming General Assembly Meeting.
These financial results were driven by NMDC Energy's capacity expansion, increased operating agility, and ability to forge strong partnerships to execute projects efficiently across multiple markets.
Mohamed Hamad Almehairi, Chairman of NMDC Energy, remarked on the results as a reflection of the company's ability to synergize its fleet of vessels, fabrication yards, talent, digital innovation, and client relationships. He emphasized the company's strong backlog and healthy pipeline as indicators of its business strength and market positioning.
Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, stated that the company delivered record-high revenues and profits, marking its strongest financial performance to date. This success was attributed to business model optimization, disciplined project execution, and AI deployment across operations. Al Dhaheri highlighted the company's focus on disciplined growth, operational excellence, and sustainable long-term value creation in future endeavors.
