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National Marine Dredging Company Pjsc (United Arab Emirates)

Main Activities: Other Heavy and Civil Engineering Construction | Port and Harbor Operations
Full name: National Marine Dredging Company Pjsc Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The National Marine Dredging Company was established in 1976 as a sector of Abu Dhabi National Petroleum Company. It was then established as a shareholding independent company according to the Emiri Law No.10 of the year 1979. The company is primarily engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates and Qatar, under the directives of the Government of Abu Dhabi. The company`s fleet consists of an array of Cutter Suction Dredgers (CSD); ranging in capacity from the small Beaver dredger Jananah (1,795 KW) to thehir most powerful automated dredger the Al Sadr (20,725 KW). Among the company`s projects is Sir Baniyas Island, Mangroves, Al Bahr Palace Channel,Suwa Island, Mussafah Canal Project and Zakum Project.

Headquarters
Mussafah Street 16, P.O Box: 3649
Al Ain; Abu Dhabi; Postal Code: 3649

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Website: http://www.nmdc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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43.186%
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20.429%
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9.771%
Subsidiaries
Abu Dhabi Marine Dredging Co.S.P.C (Bahrain)
Adec Engenering Consultancy L.L.C.
Nmdc Energy Pjsc
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net sales revenue
79.26%
Total operating revenue
79.18%
Operating profit (EBIT)
115.62%
EBITDA
96.44%
Net Profit (Loss) for the Period
65.83%
Total assets
62.2%
Total equity
27.35%
Operating Profit Margin (ROS)
2.35%
Net Profit Margin
-0.98%
Return on Equity (ROE)
3.64%
Debt to Equity Ratio
12.44%
Quick Ratio
-0.24%
Cash Ratio
-0.23%

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