Abu Dhabi Ship Building PJSC - Company Profile
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Abu Dhabi Ship Building PJSC (ADSB), a subsidiary of EDGE Group PJSC, is a provider of maintenance, construction, and overhaul of military, naval and commercial ships. The company builds assault boats, corvettes, missile boats, interceptors, fast troop carriers, fast supply vessels, landing craft and fast patrol boats. ADSB offers repair and overhaul services for commercial ships, combat system integration, and repairs and refits services. ADSB also provides systems integration, logistics, yard services, complex engineering, warehousing facilities, and life support services. It caters its services to the local, regional, and international clients. The company operates its business through shipyards in the Middle East ADSB is headquartered in Abu Dhabi, the UAE.
Headquarters
United Arab Emirates
Address
Mussafah Industrial Area, Po Box 8922, Abu Dhabi
Website
adsb.ae
Telephone
971 2 5510800
No of Employees
688
Industry
Aerospace and Defense
Ticker Symbol & Exchange
ADSB (ABD)
Revenue (2022)
$179.8M
159.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
85.4%
(2022 vs 2021)
Market Cap*
$236.1M
Net Profit Margin (2022)
XYZ
-28.6%
(2022 vs 2021)
* As of and is in US$
Abu Dhabi Ship Building PJSC premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Corvettes | Naval Ship Repairs and Maintenance |
| Offshore Patrol Vessels | Commercial Ship Repairs and Maintenance |
| Multi Role Combatants | Warehousing Facilities |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In February, the company and Fincantieri signed an industrial cooperation agreement on the design, construction, and fleet management of military and commercial vessels. |
| 2022 | New Products/Services | In November, the company unveiled 51-Meter offshore patrol vessel. |
| 2021 | Contracts/Agreements | In September, the company signed a memorandum of understanding (MoU) with SNO Yachts for the construction of NAUTILUS 45, a first-in-class superyacht shadow and explorer vessel, for one of SNO Yacht’s existing clients. |
Competitor Comparison
| Key Parameters | Abu Dhabi Ship Building PJSC | Austal Ltd | Qatar Navigation QPSC | Coastal Contracts Bhd | Gulf Navigation Holding |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | Australia | Qatar | Malaysia | United Arab Emirates |
| City | Abu Dhabi | Perth | Doha | Sandakan | Dubai |
| State/Province | - | Western Australia | - | Sabah | - |
| No. of Employees | 688 | 4,300 | 1,799 | 191 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Massey | Chief Executive Officer | Senior Management | - | - |
| Mariam Al Moosawi | Chief Financial Officer | Senior Management | - | - |
| Ali Mohammed Al Shehhi | Chief Operating Officer | Senior Management | - | - |
| Mansour Al Mulla | Chairman | Executive Board | 2023 | - |
| Khaled Omar Ahmed Najeeb Albreiki | Vice Chairman | Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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