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ADNOC Gas Reports Q1 2023 Net Income of $1 3 Billion, Up 9% Year-on-Year

In first quarterly results since its record-breaking IPO in March 2023, the Company reported robust revenue of $5.2 billionWorld-class reliability maintained across operations, with ADNOC Gas Facilities delivering reliabilityi of 98.5%First-ever Middle Ea

Adnoc Gas, Drilling report strong revenue, profit growth in Q1 2023

Emirates News Agency - ADNOC Gas reports Q1 2023 net income of $1 3 billion, up 9% YoY

ABU DHABI, 11th May, 2023 (WAM) ADNOC Gas plc today announced its first quarterly financial results since its formation and initial public offering (IPO) for the three months ended March 31, 2023 (Q1 2023). The company's unaudited pro forma financial results for the comparative period (the three-month period ended March 31, 2022 (Q1 2022)) noted herein are reported on a Pro Forma Adjusted basis. Q1 2023 revenue stood at a robust $5.2 billion, compared to Pro Forma Adjusted Revenue of $6.2 billion for Q1.

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