NMDC Energy Achieves AED 951 Million Net Profit In First Nine Months Of 2025

NMDC Energy PJSC reported a robust financial performance for the first nine months of 2025. Revenue increased by 33% year-on-year, reaching AED13.0 billion, while net profit rose by 5% to AED951 million. This growth was driven by effective execution of its backlog across various markets. The company's backlog stood at AED45.6 billion as of September 2025.

The company has been expanding its project pipeline both domestically and internationally, which amounted to AED61.4 billion by the end of September 2025. NMDC Energy's focus on building capacity and scaling operations in key global energy markets has been pivotal in this expansion.

Mohamed Hamad Almehairi, Chairman of NMDC Energy, highlighted the company's dedication to forming partnerships that enhance capabilities and market access. He stated, "NMDC Energy has been diligent at prioritising capacity-building, adding both depth and scale to its operations across key global energy markets."

Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, emphasized the company's efficiency in delivering its backlog to meet industry demands. He noted their position as a leading EPC player in the Middle East and their commitment to sustainable growth through strategic partnerships.

In Saudi Arabia, NMDC Energy marked a milestone with the first steel cut at its newly developed 400,000 sqm yard in Ras Al Khair. This facility is equipped with advanced automation and digital systems, offering services like fabrication and maintenance for complex energy projects.

The yard boasts an annual production capacity of 40,000 tonnes and provides comprehensive services for both onshore and offshore projects. This development underscores NMDC Energy's commitment to enhancing its operational capabilities.

International Market Success

During the first nine months of 2025, NMDC Energy secured significant projects globally. These included an AED9.7 billion offshore EPC contract in the UAE and an AED4.2 billion project in Taiwan. International operations contributed 31% to the company's revenues during this period.

The company also received its inaugural MSCI ESG Rating of "A", reflecting its adherence to environmental, social, and governance principles within its business model.

NMDC Energy's strategic initiatives have positioned it strongly for future growth while maintaining a focus on sustainability and operational excellence.

With inputs from WAM