NMDC Group Achieves AED 2.8 Billion Net Profit In First Nine Months Of 2025 Driven By Project Success

NMDC Group has reported impressive financial results for the first nine months of 2025. Revenues increased by 11% year-on-year, reaching AED20.5 billion, while net profit rose by 26% to AED2.8 billion. This growth was driven by consistent project execution and improved margins, with the net profit margin hitting 13.5% during this period.

The Group's backlog has expanded to AED62.3 billion as of September 2025, reflecting a strategic focus on geographic expansion. Total projects awarded in the first nine months amounted to AED17.7 billion, with international markets accounting for 38% of these awards.

In the third quarter of 2025, NMDC Group entered the Philippines market with a US$610.1 million project in Manila Bay. Additionally, they secured a US$104.2 million contract for constructing a new marina in Salalah, Oman. These ventures highlight NMDC's commitment to expanding its global footprint.

Furthermore, NMDC Energy received a $1,136 million EPC contract in Taiwan Province for a subsea gas pipeline project. This contract is part of NMDC's strategy to diversify its operations across various sectors and regions.

The Group's project pipeline reached AED89 billion by the end of September 2025. This includes projects across different verticals such as NMDC D&M, NMDC Energy, and NMDC Infra. The diverse portfolio underscores the company's ability to adapt and grow in various markets.

Mohamed Thani Al Rumaithi, Chairman of the Board of Directors at NMDC Group, stated: "NMDC Group continues to be the leading global partner to private and public sector clients in diverse industries across different jurisdictions. Our strong nine-month performance reflects the depth of our capabilities, our ability to form strategic collaborations, as well as our agility to execute with precision."

Operational Efficiency and Strategic Collaborations

Eng. Yasser Zaghloul, Group CEO of NMDC Group, commented on their performance: "Our nine-month performance is a reflection of our enhanced operational efficiency, our ability to create synergies across our increasingly diversified businesses, as well as our focus on expanding our international operations. This is underscored by our proven ability to capture and deliver projects successfully, reinforced by the confidence our clients place in us."

The company's achievements over these nine months demonstrate its strategic approach towards growth and expansion in key markets worldwide.

With inputs from WAM