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NMDC Energy P.J.S.C. Financial Results Press Release for the Period Ended March 31,2026 | premargin
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NMDC Energy P.J.S.C. Financial Results Press Release for the Period Ended March 31,2026
·
AE
ADX
·
Financial Reports | Financial Press Release
·
April 28, 2026
·
View on exchange
AI Summary
NMDC Energy achieved 33% year-on-year revenue growth to AED 5 billion for the first quarter ended March 31, 2026, with a net profit of AED 80 million.
The company reported a project backlog of AED 35.3 billion and a healthy pipeline of projects reaching AED 67 billion at the end of the quarter.
Liquidity remained strong with a total cash balance of AED 3.5 billion as of March 31, 2026.
Revenue was primarily generated by UAE operations (74%), while international markets contributed 26% to the total.
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NMDC Energy P.J.S.C. Financial Results Press Release for the Period Ended March 31,2026
NMDC Energy