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DTC Delivers FY 2023 Net Profit Growth of 54%YoY to 345.3 million Full Year Revenue up 11% to AED 1.95 billion

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 ....

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Adnoc Distribution utilises AI to fuel smart growth

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; ....

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Adnoc Distribution posts net profit of Dhs631 million in first quarter

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. ....

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