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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.

The text is about the Q1 2024 Earnings Management Discussion & Analysis Report of ADNOC, which was released on 8 May 2024. The report is classified as public.

Dana Gas, the largest private sector natural gas company in the Middle East, reported a net profit of AED 139 million ($38 million) and revenue of AED 356 million ($97 million) for Q1 2024. However, this marked a decrease from Q1 2023 earnings, primarily due to lower hydrocarbon prices. The company's consolidation plan was supported by the Egyptian Cabinet's approval of a draft law allowing a new Concession Agreement with Dana Gas, with parliamentary ratification expected soon. However, a drone attack on a condensate storage tank at Khor Mor temporarily halted production and might impact the KM250 project's completion schedule. Despite the incident, the company reported strong production numbers in the KRI and improved receivables, enabling Pearl to resume dividend payments.

On 7th May 2024, Emsteel Building Materials PJSC held its 3rd board of directors meeting. The board approved the financial statement for the first quarter of 2024 and discussed other business matters. The meeting was held at 03:15 pm. The information was disclosed to the Market Operation Surveillance Department at the Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority (SCA). The notification was signed by Eng. Saeed Ghumran Al Remeithi, the Group Chief Executive Officer of Emsteel Building Materials PJSC.

EMSTEEL Building Materials PJSC, previously known as Arkan Building Materials Company (Arkan) PJSC, has released its condensed consolidated interim financial statements for the three-month period ending on March 31, 2024.

The consolidated financial statements from Emsteel Building Materials PJSC, based in Abu Dhabi, United Arab Emirates, reveal a decrease in total non-current assets from AED 6,909,306 thousand in Dec 2023 to AED 6,746,048 thousand in Mar 2024. Total current assets increased from AED 4,119,506 thousand to AED 4,357,345 thousand within the same period. Total non-current liabilities and total current liabilities slightly increased, while total shareholders' equity rose from AED 8,332,436 thousand to AED 8,460,660 thousand. The income statement showed a decrease in total revenue from AED 2,405,550 thousand in Mar 2023 to AED 2,136,199 thousand in Mar 2024. Net profit before tax for the period decreased from AED 152,178 thousand to AED 140,424 thousand, with a net profit after tax of AED 128,224 thousand in Mar 2024 compared to AED 152,178 thousand in Mar 2023. The profit per share also decreased from AED 0.022 to AED 0.019. The statements were provided by Eng. Saeed G. Al Remeithi, Group CEO, and Stephen J. Pope, Group CFO of Emsteel Building Materials PJSC.

Emirates Steel Arkan, a leading steel and building materials manufacturer, has reported a revenue of AED 2.14 billion and EBITDA of AED 294 million for Q1 2024. Despite challenging global market conditions, the company maintained a strong performance due to a robust UAE domestic market. However, a slowdown in the Chinese economy and a lack of investor confidence in Europe affected steel prices and increased freight costs due to regional geopolitical challenges. This led to an 8% YoY decrease in net profit before tax. The company has also entered a memorandum with Omani counterparts to explore a green metal project and has been recognized as a 2024 Steel Sustainability Champion by the World Steel Association.