Energy
May 13, 2026
Adnoc Distribution, the UAE's largest fuel and convenience retailer, reported a nearly 21 per cent annual increase in its first-quarter net profit on the back of sales growth in fuel and retail.
Net profit for the first three months of the year attributable to shareholders reached Dh770.6 million ($210 million), the company said in a statement on Wednesday to the Abu Dhabi Securities Exchange, where its shares trade.
Revenue during the period grew about 4 per cent to Dh8.8 billion.
