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Abu Dhabi Ship Building Swings to H1 Attributable Loss; Revenue Up

MT Newswires·08/12/2026 23:47:52
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11:47 PM EDT, 08/12/2026 (MT Newswires) -- Abu Dhabi Ship Building (ADX:ADSB) said Wednesday that it swung to an attributable loss in the first half, while contract revenue grew year over year. Loss attributable to equity holders of the parent for the six months ended June 30 was 96.7 million Emirati dirhams, compared with a profit of 217,000 dirhams a year ago. Loss per share was 0.456 dirham, compared with an EPS of 0.001 dirham. The Abu Dhabi-listed shipbuilding and repair company's contract revenue was 665.8 million dirhams, compared with 517.9 million dirhams earlier.