Hedge Funds & Alternative Investments
Uncategorized
Abu Dhabi ADNOC Distribution Q1 net profit rises to $183mln
ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported a 6.3 percent y-o-y increase in Q1 2022 net profit to 671 million dirhams ($183 million) driven by its Saudi Arabia expansion. The result easily topped the mean analyst estimate of 612 million dirhams compiled by data provider Refinitiv. EBITDA…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya