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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: November 07, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 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.

Legal Address
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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Ratings:
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Incorporation Date:
1979
Key Executives
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Chief Executive Officer
Ownership Details
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20.909%
Subsidiaries
Abu Dhabi Marine Dredging Co S.P.C. (Bahrain)
100%
Adec Engineering Consultancy L.L.C
100%
Emarat Europe Fast Building Technology System Factory L.L.C Emarat Europe
100%
Company Performance
Financial values in the chart are available after National Marine Dredging Company Pjsc report is purchased.
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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
99.56%
Total operating revenue
99.11%
Operating profit (EBIT)
207.99%
EBITDA
131.4%
Net Profit (Loss) for the Period
251.1%
Total assets
76.09%
Total equity
38.49%
Operating Profit Margin (ROS)
3.23%
Net Profit Margin
4.02%
Return on Equity (ROE)
6.05%
Debt to Equity Ratio
25.31%
Quick Ratio
-0.17%
Cash Ratio
0.11%

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