AD Ports Group’s revenues surge to AED3.89 billion in Q1-24

ABU DHABI: AD Ports Group today announced its financial results for the three months ending 31st March 2024, reporting strong operational and financial performance, with revenue more than doubling Year-on-Year (YoY) to AED3.89 billion, +22% YoY on a Like-For-Like (LFL) basis after adjusting for the effect of mergers and acquisitions (MandA). The Group recorded EBITDA of AED1.04 billion in Q1 2024, up 49% year-on-year. Source: Emirates News Agency