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Adnoc Drilling Books Higher H1 Attributable Profit, Revenue

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Adnoc Drilling (ADX:ADNOCDRILL) said Thursday its attributable profit and revenue in the first half rose year over year.

Profit attributable to owners for the six months ended June 30 was $701.9 million, compared with $691.9 million a year ago. EPS moved to $0.0439 from $0.0433.

The Abu Dhabi-listed offshore drilling company's revenue was $2.46 billion, compared with $2.37 billion earlier.

Meanwhile, the board approved a cash dividend of 0.06 dirham per share for the second quarter, which is expected to be paid in the second half of August to shareholders on record Aug. 10. It paid 0.05 dirham a year ago.

For the full year 2026, the group reaffirmed its guidance for revenue of $5 billion and net profit between $1.45 billion and $1.50 billion.

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