NMDG Energy has released its financial results for the first half of 2025, showcasing sustained growth and robust operational performance while continuing to expand its regional presence, enhance operational capabilities, and diversify revenue sources.
The company reported a 41% increase in revenue, reaching 8.2 billion dirhams, along with a 16% rise in net profit, amounting to 583 million dirhams compared to the same period in 2024.
Driven by new contracts valued at 13.9 billion dirhams during the first half of 2025, and an ongoing project balance of 49.9 billion dirhams by the end of June 2025, NMDG Energy continues to pursue opportunities that align with market demand and its long-term strategy, with a total of 66 billion dirhams in projects at the bidding stage by the close of Q2.
In Q2, revenues surged by 21% year-on-year to 4.4 billion dirhams, while net profit saw a 12% increase, totaling 366 million dirhams. Mohammed Hamad Al-Muhairi, Chairman of the company, stated that this progress illustrates NMDG Energy’s vital role in rapidly and broadly building regional industrial capabilities.
CEO Ahmed Salem Al-Dhaheri emphasized that the company is committed to elevating its standards of excellence and expanding its operations, having cultivated local partnerships and enhanced its regional manufacturing capabilities.