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Tabreed reports 2022 net profit of Dhs600.2 million

Tabreed, the UAE’s longest-established district cooling company, released its consolidated financial results for the year 2022, reporting an Ebitda of Dhs1.23 billion – a 19 per cent increase over 2021 ....

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Tabreed's 2022 group revenue surges 13pc to $598m

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. ....

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Tabreed net profit up 3pc in Q1; revenue hits $114m

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). ....

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