Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, today announced its consolidated financial results for the year ended 31 December 2023 (“FY 2023” or the “Year”).DTC delivered a strong perf
Customers of Adnoc Distribution have redeemed more than 1 billion Adnoc Rewards points in a single calendar month. The milestone marks the latest of the loyalty programme;
Adnoc Distribution posts net profit of Dhs631 million in first quarter
10 May 2021 The company remains well-positioned to expand its domestic and international portfolio in line with its smart growth strategy. WAM Adnoc Distribution on Monday reported its first-quarter 2021 financial results, recording an underlying EBITDA of Dhs740 million with a net profit of Dhs631 million for the quarter, while cash flow generation remained strong with a free cash flow of Dhs835 million.
In the first quarter of 2021, Adnoc Distribution delivered a strong financial performance, with EBITDA of Dhs817 million, and a net profit of Dhs631 million, driven by an improvement in margins, and OPEX efficiencies made in the quarter, the company said in a statement on Monday.