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Market: Abu Dhabi Symbol: NMDC ISIN: AEN000401010 Industry: Consumer Discretionary

National Marine Dredging Company - one of the Middle East’s marine industry leaders.

Reputed for successfully completing noteworthy projects, we pride ourselves in providing flexible, cost-effective and on-time solutions for our valued clients everytime.

We have a strong reputation for delivering high quality projects and services, in addition to liaising closely with shareholders to produce the best possible outcomes for clients, staff and the environment.

Supported by an impressively large fleet of dredgers and support vessels, we have the professionalism and motivation to operate anywhere in the world, and the capability to overcome even the most challenging site conditions.

Through our concerted initiatives over the years, we have raised the industry benchmark and are today a respected name in our sphere of business.

Share data 28/03/2025
Key Figures 2022 2023 2024
Consolidated Statement of Profit or Loss (AED'000)      
Gross profit 1,107,915 2,161,630 3,616,583
Profit before tax 1,345,505 2,187,988 3,458,728
Profit for the year 1,303,523 2,154,348 3,108,335
Consolidated Statement of Financial Position (AED'000)      
Total assets 16,046,293 20,847,201 33,199,751
Total liabilities 9,505,687 12,243,086 20,574,632
Net equity 6,540,606 8,604,115 12,625,119
Consolidated Statement of Cash Flows (AED'000)      
Net cash generated from operating activities 2,682,230 2,872,854 3,335,341
Net cash (generated from)/used in investing activities (493,674) (1,865,965) 1,296,780
Net cash from used in financing activities 54,990 (475,027) (3,293,718)
Net increase in cash and cash equivalents 2,243,546 531,862 1,338,403
Key Indicators (AED)      
Earnings per share attributable to the shareholders of the Company 1.58 2.61 3.55