ADNOC Distribution produces and blends top-grade lubricants at our state-of-the-art facilities in Abu Dhabi to the highest international standards from world-renowned murban crude oil. We offer a wide range of premium products across automotive, industrial, marine and speciality.
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• Record EBITDA of $1.05 billion, an increase of 4.8% year-on-year
• Non-fuel retail business continues to demonstrate strong results, with double-digit gross profit growth of 12.5% year-on-year
• Record fuel volumes increased 8.7% year-on-year to 15 billion liters
• Accelerated network expansion by adding 59 stations in 2024, including 30 stations under development in Saudi Arabia, driven by the new growth strategy
• Board recommends $350 million dividend equivalent to 10.285 fils per share for the second half of 2024, subject to shareholders’ approval
Net profit increases to AED 2.4 billion in 2020 and to AED 851 million in Q4 2020;
Read moreADNOC Distribution launched its free-to-download, consumer-orientated mobile app available now for iOS and Android devices.
Read moreThe new agreement aims to strengthen ADNOC Distribution’s capacity to develop new projects at Khalifa Industrial Zone (Kizad) and provide logistical support to its existing developments.
Read moreThe award ceremony was attended by key officials from ADNOC Distribution including Khalid Hadi, Vice President Marketing and Corporate Communications, Rajeev Gupta, Self-Service Programme Manager and Hazim Obeid, Automation Project Team Leader.
Read moreAl Maqta and Al Shurooq Stations are First Two in Network of 10 Xpress Stations Planned
Read moreCompany’s dividend policy sets a dividend of minimum AED 2.57 billion (20.57 fils per share) for full-year 2022
Read moreCompany reported EBITDA of AED 1.99 billion and Net Profit of AED 1.56 billion in the first half of 2022
Read moreUnderlying EBITDA grows by 4.7% to USD 171 million with Net Profit of USD 109 million in Q1 2020
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