#profit
6 articles with this tag
EconomyDewa Achieves Record Nine-Month Profit Driven by Soaring Demand for Utility Services
Dubai Electricity and Water Authority (Dewa) has reported record profits for the first nine months of 2026, driven by increased demand for its services. The company's net profit rose 11% year-on-year to over Dh7.1 billion, with revenue also hitting a record high.
EconomyDana Gas Soars: Q3 Profit Jumps 50% on Surge in Kurdistan Gas Output and Higher Prices
Dana Gas reported a 50% surge in Q3 profit to $45 million, driven by increased gas output from its Kurdistan fields and higher hydrocarbon prices. Despite security disruptions and payment challenges, the company saw revenue rise by 42%.
EconomyEmirates Airline Navigates Regional Disruptions to Achieve $903 Million Half-Year Profit
Emirates airline reported a $903 million half-year profit, a 66% decrease year-on-year, due to regional disruptions and high fuel costs. Despite a 13% drop in revenue, the airline's strong business model and cargo operations contributed to its resilience.
EconomyEmirates Group Soars to $980 Million Half-Year Profit Amidst Regional Headwinds and Rising Fuel Costs
Emirates Group has achieved a $980 million profit in the first half of its fiscal year, demonstrating resilience against regional challenges and higher fuel expenses. Revenue for the period reached $66.2 billion.
EconomyBP Achieves Highest Quarterly Profit in 18 Years Amidst Geopolitical Tensions and Strong Refining Margins
BP reported its highest quarterly net profit in 18 years, exceeding expectations with $8.46 billion due to high energy prices and strong refining margins. The company also met its net debt target a year early.
EconomyAdnoc Drilling Achieves Record Revenue and $1.07 Billion Profit in Nine Months
Adnoc Drilling reported a 0.7% rise in nine-month net profit to $1.07 billion and record revenue of $3.7 billion, driven by expanded onshore and offshore operations. The company also launched its 'Drill-to-Operate' strategy to enhance value and market presence.