Below are the financial statements of NMDC Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of AED | 2024 | 2023 |
|---|---|---|
| Revenue from contracts with customers | 26,263.95a | 16,707.98a |
| Contract costs | -22,647.37a | -14,546.35a |
| Gross profit | 3,616.58a | 2,161.63a |
| Share of net results of equity account investees, net | 37.1a | 52.65a |
| General and administrative expenses | -338.95a | -265.89a |
| Finance income | 176.96a | 134.03a |
| Finance costs | -270.05a | -119.93a |
| Foreign currency exchange loss | -55.98a | -38.85a |
| Fair value gain on financial assets at fair value through profit or loss | 179.11a | 200.27a |
| Other income, net | 113.97a | 64.08a |
| Profit before tax | 3,458.73a | 2,187.99a |
| Income tax expenses | -350.39a | -33.64a |
| Profit for the year | 3,108.34a | 2,154.35a |
| Profit attributable to | — | — |
| Shareholders of the company | 2,960.35a | 2,153.51a |
| Non-controlling interests | 147.98a | 0.84a |
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