AD Ports Group's revenues surge to Dh3.89 billion in Q1-24

ABU DHABI (WAM)

AD Ports Group on Tuesday announced its financial results for the three months ending March 31, 2024, reporting strong operational and financial performance, with revenue more than doubling Year-on-Year (YoY) to Dh3.89 billion, +22 percent YoY on a Like-For-Like (LFL) basis after adjusting for the effect of mergers and acquisitions (M&A).

The Group recorded EBITDA of Dh1.04 billion in Q1 2024, up 49 percent year-on-year.