Reported 13 days ago
Adnoc Gas, a leading global natural gas producer, is aiming for over 40% growth in earnings by 2029 as it expands supply to meet rising gas demand, particularly in Asia and the UAE. The company plans to invest $15 billion over the next five years, capitalizing on a projected annual domestic demand increase of 6%. In its latest financial report, Adnoc Gas reported an 11% rise in net profit and an 18% increase in EBITDA, while also maintaining a positive outlook for dividends.
Source: YAHOO