National Marine Dredging Company recorded a profitability shift after increasing its profits by about 501 million dirhams in the first nine months of 2021, compared to losses of about 231 million dirhams in the same period. From the year 2020, revenues also increased to 5.38 billion dirhams from 2.78 billion dirhams.
According to the Emirati newspaper, Al Bayan, the company explained in a disclosure to the Abu Dhabi market yesterday that the merger with “Petroleum Construction” resulted in an immediate increase in the geographical diversity of the consolidated group’s revenues, and the group continued its operations in major projects such as Hail and Asha for “ADNOC” in the Emirates and Aramco agreements. in Saudi Arabia.
