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Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) FFO


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What is Abu Dhabi National Oil Co For Distribution PJSC FFO?

FFO (Funds from operations) only applies to REITs.


Abu Dhabi National Oil Co For Distribution PJSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Street, P.O. Box 4188, Next to to ADCB Building, Abu Dhabi, ARE
Abu Dhabi National Oil Co For Distribution PJSC is engaged in the marketing of petroleum products, natural gas, and ancillary products. It owns retail fuel stations in the United Arab Emirates (UAE), the Arab Republic of Egypt, and the Kingdom of Saudi Arabia. In addition, the group also sells petroleum products to government and commercial customers, and provides aviation fuel and fueling services to its clients. Its reportable segments are Commercial (B2B) and Retail (B2C). Maximum revenue is generated from the Retail (B2C) segment, which is engaged in the sale of gasoline and petroleum products, convenience store sales, car wash and other car care services, oil change services, vehicle inspection services, and property leasing and management through the retail sites.