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The Board of Directors of Abu Dhabi Ports Company PJSC (Company) will hold a meeting via video conference at 5 p.m. on Monday 13 May 2024. The main points of discussion will be to consider and approve the Company’s financial statements for the first quarter of the current financial year 2024 and general matters relating to the activities of the Company and its projects. The information is disclosed by the Disclosure & Compliance Section of the Market Operations & Surveillance of the Abu Dhabi Securities Exchange.

The Management Discussion and Analysis for the National Marine Dredging Company PJSC (NMDC) for the three-month period ending 31 March 2024 shows a significant increase in revenue and profit compared to the same period in 2023. Revenue rose from AED 3,208 million in Q1 2023 to AED 5,342 million in Q1 2024, primarily due to ongoing projects awarded by a major Abu Dhabi developer and other projects in the UAE and Saudi Arabia. Gross profit increased from AED 323 million to AED 802 million, and net profit rose from AED 303 million to AED 641 million. The geographical distribution of revenue remained consistent in both periods, with the UAE accounting for the majority of the revenue.

The National Marine Dredging Company PJSC has released its unaudited interim condensed consolidated financial statements for the three-month period ending on 31 March 2024.

ADNOC Logistics and Services (ADNOC L&S) has reported its Q1 2024 financial results, revealing a 42% year-on-year increase in revenue and a 44% rise in EBITDA. The company's net profit increased by 34% year-on-year to $194 million. As a result of the strong Q1 performance, the company has revised its earnings guidance upwards. Shareholders have approved a cash dividend of $130 million, equivalent to 6.45 fils per share for H2 2023. The company continues to execute its transformational growth strategy, with plans to invest over $5 billion in energy-related maritime logistics over the medium term.

The document is an unaudited review report and interim condensed consolidated financial information of NOC Logistics & Services plc as of 31 March 2024. The report is intended for users who are interested in finance and investing.