The NMDC Group, a global leader in engineering, procurement, construction and offshore dredging, has released its financial results for the nine months to 30 September 2024, announcing that the group has seen an impressive 68% revenue growth.
According to
Amac News: In the announcement of the NMDC group, the income of the financial results of this group shows a 45% increase in net profit compared to the same period last year.
In the nine-month period ending September 30, 2024, NMDC Group's revenue rose to 18.518 billion dirhams, up 68 percent from 11.039 billion dirhams in the same period in 2023, according to the report.
The report states that the net profit also increased by 45% from 1.513 billion dirhams in the same period in 2023 to 2.192 billion dirhams.
The group achieved strong growth rates in net profit in the third quarter of 2024, reporting a net profit of 731 million dirhams, representing a 16% increase over the same period in 2023.
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