NMD C Group profits reach 1.6B AED in H1
NMC Group announced its financial results for the beginning of 2026, achieving revenues of 14.1 billion dirhams, representing a 6% increase compared to the same period last year. Its net profits reached 1.6 billion dirhams. New projects valued at 7.8 billion dirhams were awarded, while the value of ongoing projects rose to 56.1 billion dirhams, supporting sustainable future growth. The group maintained a high level of financial stability and operational efficiency, with cash liquidity estimated at 4.8 billion dirhams and cash collections exceeding revenues by 113%. The results reaffirm the strength and dynamism of its performance in executing complex projects and achieving high profit margins, amidst strategic expansions and new investments aimed at ensuring sustainable growth.
Notice: This Is an AI-Generated Summary
Comments (0)