Stock ADSB ABU DHABI SHIP BUILDING
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Company Abu Dhabi Ship Building

Equities

ADSB

AEA000901016

Shipbuilding

Market Closed - Abu Dhabi Securities Exchange
Other stock markets
 05:17:10 2024-04-19 am EDT 		5-day change 1st Jan Change
4.07 AED -1.21% Intraday chart for Abu Dhabi Ship Building +1.75% -0.73%
Mar. 25 Abu Dhabi Ship Building Posts Higher FY23 Profit, Revenue MT
Mar. 25 Abu Dhabi Ship Building PJSC Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Abu Dhabi Ship Building PJSC (ADSB) is a United Arab Emirates-based public joint stock company engaged in the construction, repair, and overhaul of commercial and military ships and vessels. The Company’s services and products include Navel Ship Building, which covers corvettes, fast petrol boats, interceptors, assault boats, fast troop carriers, fast supply vessels and landing crafts; Navel Repairs, which include hull and deck replacement, replacement of obsolete equipment and valves and pump repairs, among others; Commercial Ship Building, covers sea keeper, tug boats, crew boats, dredgers and product tanks, and Commercial Ship Repairs and Conversions, which offers individual owners and major offshore fleets, routine maintenance to major upgrades and long-term maintenance contracts for public and private sector, among others. As of December 31, 2011, the Company had stake in Abu Dhabi Systems Integrations LLC and Gulf Logistics and Naval Support LLC.

Sales per Business

AED in Million2022Weight2023Weight Delta
New Build and Engineering
77.2 %
468 70.9 % 970 77.2 % +107.33%
Military Repairs and Maintenance
15.4 %
142 21.5 % 194 15.4 % +36.57%
Commercial Repairs and Maintenance
3.7 %
48 7.3 % 47 3.7 % -2.80%
Small Boats
2.3 %
2 0.3 % 29 2.3 % +1,225.33%
Combat Systems Integration
1.4 %
0 0.0 % 17 1.4 % -

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
63.8 %
660 100.0 % 803 63.8 % +21.55%
International
36.2 %
-- 455 36.2 % -

Managers

Managers TitleAgeSince
David Massey CEO
 Chief Executive Officer - 19-11-10
Mariam Al-Moosawi DFI
 Director of Finance/CFO - 20-06-30
Ali Mohammed Ali Al-Shehhi COO
 Chief Operating Officer - 19-03-31
Ala Tahboub IRC
 Investor Relations Contact - -
Khalid M. Al Qubaisi PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Hamad Abdullah Al-Qaydi BRD
 Director/Board Member - 18-02-28
Mohammed Abdullah Al-Sheraifi BRD
 Director/Board Member - 18-02-28
Anas Jawdat Ayesh Mustafa Al-Baruthi BRD
 Director/Board Member - 19-11-30
Arif Mohamed Saeed M. Al-Ali BRD
 Director/Board Member - 19-12-31
Khalifa Issa Abu Shahab Al-Suwaidi BRD
 Director/Board Member - 19-11-30
Rashed Hamad Nasser Hamad Al-Balooshi BRD
 Director/Board Member - 19-11-30
Saeed Salim Hassan Al-Suwaidi BRD
 Director/Board Member - 19-12-31
Rodrigo Carneiro da Cunha Torres BRD
 Director/Board Member - -
Abdulla Saeed Al-Ghfeli BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 211,992,000 87,398,154 ( 41.23 %) 0 41.23 %

Shareholders

NameEquities%Valuation
Emirates Defence Industries Co.
49.96 %
105,908,000 49.96 % 111 M AED
Qassimi Mohamed Ahmed Mohamed Ahmed Saeed Al
8.814 %
18,685,890 8.814 % 20 M AED
Dimensional Fund Advisors Ltd.
0.008884 %
18,834 0.008884 % 19 797 AED
DFA Australia Ltd.
0.001705 %
3,614 0.001705 % 3 799 AED

Company contact information

Abu Dhabi Ship Building Co.

Mussafah Industrial Area

, Abu Dhabi

+

http://www.adsb.ae
address Abu Dhabi Ship Building(ADSB)

Sector

Industrials
Industrial Goods
Machinery, Equipment & Components
Shipbuilding
Other Shipbuilding

Sales per Business

Sales per region

Sector Other Shipbuilding

1st Jan change Capi.
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