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Emirates Central Cooling Systems Corporation (Empower) has announced that it had recorded solid results for the first quarter with a AED166 million ($45 million) net profit, while its revenue surged by 8.8% to hit AED538 million ($146.4 million).
Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, on Monday reported first quarter revenue of Dh538 million, an increase of 8.8 per cent, and earnings before interest, taxes, depreciation and amortisation (Ebitda) of Dh313 million, with a growth of 8.2 per cent, compared to the same period of 2023. Empower earned Dh182 million as profit before tax
Emirates Central Cooling Systems Corporation (Empower) has announced that it has begun connecting the Al Wasl skyscaper to its district cooling network. Following completion, the Dubai tower s district cooling capacity will reach 3,900RT.