UAE’s utility Tabreed reported a 28 per cent rise in third-quarter net profit on Thursday as revenue increased and it cut finance costs.
The Dubai-listed firm made a net profit of Dh95.86 million ($26.1 million) in the three
UAE's Tabreed is heading a consortium that has acquired a concession to provide district cooling services in Abu Dhabi worth 1.05 billion dirhams ($285.9 million), the firm said on Thursday.
The 30-year contract involves buyin
Dubai-listed National Central Cooling Company (Tabreed) on Tuesday said it had won a 6 billion dirhams ($1.63 billion) contract from the UAE armed forces to supply cooling services for 20 years.
The news boosted Tabreed's shar
District cooling firm Tabreed , partly owned by Abu Dhabi state fund Mubadala , posted a 22 percent increase in quarterly profit on Monday on the back of increase in its core chilled water business.
The Dubai-listed firm made a fi
Abu Dhabi-based utility firm Tabreed said it has won approval from the shareholders to distribute dividends of 5 fils per share.
Tabreed said the shareholders also voted to approve all resolutions tabled at the annual general asse
National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, said its net profit increased by 15 per cent to Dh272.4 million ($74.1 million) last year, as compared to Dh236.3 million in 2012.
UAE-based district cooling utility company Tabreed has announced that its annual energy savings in 2013 reached 1.2 billion kilowatt hours (kWh), a major achievement for the company.
This significant reduction in energy consumptio
District cooling firm Tabreed , partly owned by Abu Dhabi state fund Mubadala , reported a 3 percent rise in third-quarter net profit on Monday on the back of revenue growth in its chilled water business and lower financing costs.
National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, has launched a new training programme aimed at UAE national university students.
The programme will commence in the upcoming a
UAE district cooling firm Tabreed said it has started the supply of chilled water to 'The Residences' at World Trade Center Abu Dhabi (WTCAD), delivering over 5,000 refrigeration tons (RT) to the 382-meter tower, the tallest in the capit