Abu Dhabi National Oil Company (Adnoc) subsidiary Adnoc Logistics & Services (Adnoc L&S) said its fourth-quarter and 2025 topline rose amid growing market demand.
Full year 2025 revenue climbed 41 percent year on year to $5 billion, supporting net profit to increase 14 percent to $863 million.
Fourth-quarter revenue was up 35 percent year on year to $1.2 billion, while net profit increased 29 percent annually to $232 million, reflecting improved performance in the shipping segment.
Revenue from the shipping segment rose 122 percent to $2.1 billion following the acquisition of Navig8, which expanded Adnoc L&S’ global reach. The company purchased 80 percent of Navig8 in January 2025 for $999 million.
Growth investments remain on track, committing an additional $3 billion beyond announced projects, the statement said.
The 2025 dividend is expected to increase by 20 percent year on year to $325 million, paid on a quarterly basis. The payouts will increase by 5 percent annually from 2026 until 2030, subject to approval.
The company’s share price fell 0.5 percent to AED4.57 on Wednesday morning and is down 1 percent in the year to date.
XRG, Adnoc’s low-carbon energy and chemicals investment arm, owns 78 percent of Adnoc L&S.


