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Dated:
August 05, 2019
Mohammed Al Hashemi, CEO of ADNOC Distribution, said, "The company is pursuing its development plans and is open to expansion, acquisition and structural growth options, and in an interview with Bloomberg Television, said that the company had opened six new refueling stations in the first half and planned to open a number of new plants ranging from 19 to 24 stations in the second half of the year.
He added that the company plans to provide the possibility of charging electric vehicles inside stations, as you see interesting opportunities in retail units that provide services other than refueling, explaining this service sector achieved a gross profit margin of approximately 30% in the first half of the year.
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