ADNOC Drilling’s profit grows 49% in the third quarter to $ 178.4 million

ADNOC Drilling today announced its financial results for the third quarter of the fiscal year on Wednesday in course, achieving earnings growth of 49.3%.

The company’s financial statements showed that the profits in that period amounted to $ 178.4 million, compared to $ 119.468 million in the same period last year.

The company’s revenues were $ 570,861 million, compared with $ 515,225 million in the same period last year.

During the nine months, the company’s profits grew to $ 459.96 million, compared to $ 421.999 million in the same period last year, a growth rate of 9%.

The company’s first nine-month revenue was $ 1.69 billion, up from $ 1.517 million in the same period last year.

Read More About: Business News

Leave a Reply