Posted inProducts & Services

ADNOC Distribution reports AED 1.15 billion H1 net profit

Received no objection certificates from General Authority for Competition in Saudi Arabia to acquire 35 stations as announced in December 2020 and February 2021

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today reported that its first half 2021 EBITDA stood at AED 1.53 billion, with net profit of AED 1.15 billion. For the second quarter, EBITDA was AED 712 million with net profit […]