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Tuesday / March 19.

NPCC posts profit of Dh700 million in 2017

Abu Dhabi

National Petroleum Construction Company (NPCC) on Wednesday reported a profit of Dh700 million in 2017, an increase of 57 per cent compared to the previous year. The company’s revenues in 2017 increased by 21 per cent to Dh5.7 billion.

Hussein Al Nowais, Chairman of NPCC said the company has achieved good financial results and sustained growth, because of the confidence of its clients from Arabian Gulf and India.

The company has grown in the last decade and its total profit for 10 years are Dh8 billion and revenues for the same period are Dh48 billion, he added.

NPCC is a subsidiary of Abu Dhabi government-owned Senaat General Holding.

This article first appeared on GulfNews.com