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Abu Dhabi Ship Building Co. Swings to Attributable Profit in Q3; Contract Revenue Up

MT Newswires·11/12/2026 08:00:06
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08:00 AM EST, 11/12/2026 (MT Newswires) -- Abu Dhabi Ship Building Co. (ADX:ADSB) logged 46.6 million Emirati dirhams in profit after tax attributable to equity holders for the third quarter, compared with an attributable loss after tax of 9.9 million dirhams a year ago. EPS was 0.22 dirham, compared with the prior year's loss per share of 0.05 dirham, a Thursday filing showed. For the three months ended Sept. 30, contract revenue was 664.9 million dirhams versus 302.2 million dirhams previously, the UAE-listed shipbuilding and repair company added.