Abu dhabi: NMDC Energy today announced strong financial results for the first half of 2025, with sustained growth demonstrating the company's strength and disciplined execution. In H1 2025, NMDC Energy delivered a 41 percent year-on-year surge in revenue to AED8.2 billion and a 16 percent rise in net profit to AED583 million compared to 2024.
According to Emirates News Agency, with remarkable award wins in the first half of 2025 totaling AED13.9 billion, and a backlog that stood at AED49.9 billion by the end of June 2025, NMDC Energy continues to pursue opportunities that align market demand with its long-term strategy. The company continues to build its pipeline of projects, which reached AED66 billion by the end of the second quarter.
In the second quarter of 2025, revenue grew 21 percent year-on-year to AED4.4 billion and a net profit of 12 percent to AED366 million, supported by sustained momentum across core EPC and industrial operations. NMDC Energy's 400,000 sqm fabrication yard in Ras Al Khair, Saudi Arabia, became fully operational during the quarter. The facility strengthens the company's offshore EPC and modular construction capabilities across the region, supporting both current delivery and future growth.
Mohamed Hamad Almehairi, Chairman of NMDC Energy, stated that the progress this quarter demonstrates NMDC Energy's pivotal role in building regional industrial capability, as the company charts a strategic path that emphasizes future-ready initiatives and targeted growth. Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, emphasized the company's focus on precision and scale in operations, advanced local manufacturing partnerships, and expanded regional fabrication capacity.
NMDC Energy continues to strengthen its relationship with Aramco, with a three-year extension to its Long-Term Agreement and an option for an additional three years. This extension solidifies NMDC Energy's role in supporting Aramco's offshore projects and contributing to Saudi Arabia's economic ambitions. The company was also awarded the ICV Excellence Award at MIITE in the Semi-Governmental Manufacturers category, recognizing its AED17 billion reinvestment in the UAE economy through support for SMEs, local suppliers, and workforce development.