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Adnoc L&S Q2 profit surges fourfold on higher revenue boosted by ship business

Adnoc Logistics and Services reported a fourfold jump in its second-quarter profit as revenue more than doubled on the back of a strong performance of its shipping business despite the uncertain geopolitical situation triggered by the Iran war. Net profit attributable to the equity holders of the company in the three months to the end of June climbed to nearly $917 million compared to $229…

Adnoc L&S Q2 profit surges fourfold on higher revenue boosted by ship business

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