The vague "Vertigloop" drops its strategy to increase its profit to one billion dollars

Over the past six months, the UAE “Verdig” spent the past six months, which followed the acquisition of “ADNOC”, in reviewing its strategy and determining its power to utilize it, and also drew its plans on the markets aimed at raising its profits to more than a billion dollars, according to CEO, Ahmed Al -hi. Al -hosashi, in an interview with “Al -Sharq”, on the sidelines of the “Made in the Emirates” forum in Abu Dhabi, explained that in recent months, an extensive overview of the company’s operations and its business model has seen, which led to a strategy based on four basic pillars that include: have expanded a low -and -growth relationship with customers. Al -hosashi said that implementing this strategy will increase the company’s profits before benefits, tax, depreciation and consumption to more than one billion dollars by 2030, compared to about $ 630 million currently. ADNOC’s support reduces the cost of “enthusiast” and notes that “ADNOC” played an important role in “financially and operationally support” as it helped reduce fixed operating costs as it agreed to remove between $ 15 to 21 million, as well as the decline in financing the local ban. The decision to postpone the delivery of 239 thousand tonnes of urea, from the fourth quarter of 2024 to the first quarter of this year, enabled the company to take advantage of the improvement of prices and market conditions, as the first period of the year was a stronger demand and higher prices, which according to Al -Houcashi positively reflected. He pointed out that the future focus included the leadership of the business in the ammonia and urea market to develop products such as ‘diesel outlet fluid’ used to reduce emissions, in addition to improving the attendance of the market using ammonia as a clean fuel in energy and heavy industries. VERIGNING “Continue to expand externally,” Vertigt “Continue its existing investments with projects to produce green ammonia in Egypt, with the expectation to make a final decision on the joint green hydrogen project during the middle of this year, according to Al -Houashi. The production of green hydrogen in the continent of Africa of Africa, under the name of the production of green hydrogen in the continent of Africa of Africa, according to the name of the production of green hydrogen in the continent of Africa of Africa, under the name of the production of green hydrogen in the continent of Africa, under the name of a production of green hydrogen in the continent of Africa. Agreement, an agreement to acquire distribution activities in “Winjfvz Australia”, owned by a Chinese group, to improve its product portfolio to not include -nonitrogenic fertilizers and expand its presence in the Asia -Pacific region.