ADNOC Distribution Q3 Profit Jumps 21.5% to US$ 221 M

ADNOC Distribution Q3 Profit Jumps 21.5% to US$ 221 M

ADNOC Distribution posted a standout third‐quarter performance, with net profit rising 21.5% to US$ 221 million and EBITDA reaching US$ 319 million, up 15.9% year‐on‐year. The company’s fuel volumes climbed 5.9% to 11.7 billion litres in the first nine months and its network expanded rapidly—adding 85 new stations, including significant growth in Saudi Arabia.  Management also extended its dividend policy through 2030, highlighting robust confidence in future growth.

Read more: Gulf News article

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