UAE district cooling provider Tabreed has reported a group revenue of AED2.2 billion ($598 million) for 2022, up 13% over the year before, while its net profit hit AED600 million. For the 12-month period, it added 34,454 RT new connections.
UAE district cooling services provider Tabreed has reported 13% growth in its group revenue for the nine-month period, hitting AED1.66 billion ($452 million) over AED1.46 billion ($397.4 million) last year, while its net profit rose 3% to AED400 million (
Tabreed, a leading UAE-based district cooling developer, has reported a net profit of AED88.2 million ($24 million) for the first quarter, up 3.1% over the same period last year. Its revenue surged by 17% to hit AED419.9 million ($114.3 million).
Tabreed, a leading UAE-based district cooling developer, has reported a net profit of AED88.2 million ($24 million) for the first quarter, up 3.1% over the same period last year. Its revenue surged by 17% to hit AED419.9 million ($114.3 million).