“Marine Dredging” profits jump 40% to 703 million dirhams, group revenues rise to 6.07 billion dirhams at the end of September, an increase of 12.9%

The National Marine Dredging Group, listed on the Abu Dhabi Securities Exchange, achieved a jump in its net profit by 40.3% during the 9 months from the beginning of 2022, to reach 703 million dirhams, compared to its net profit of 501 million dirhams during the same period of the previous year.

The positive results were a reflection of the success of the geographical expansion strategy, expanding the scope of the group’s business, and completing more projects in the UAE and abroad, while continuing to win more contracts for projects in various fields in which the group is active.