ADNOC Logistics & Services posts record $236 mn Q2 profit

ADNOC Logistics & Services (ADNOC L&S) reported a net profit of US$ 236 million for Q2 2025 — up 14 per cent year-on-year — exceeding analysts’ estimate of US$ 198.5 million. Revenue jumped 40 per cent to US$ 1.26 billion, driven by strong performance across all business segments. The results mark the company’s highest-ever quarterly earnings prompting an upgrade to its full-year guidance. ADNOC L&S now expects FY 2025 net income to grow in the “low to mid double-digit” range – up from its earlier “low double-digit” forecast with revenue growth projected in the high 20 per cent range year-on-year.