DUBAI, 13th May, 2022 (WAM) -- Dubai Electricity and Water Authority (DEWA) today reported its first-quarter 2022 financial results, recording revenues of AED5.068 billion and net profit of AED691 million.
DEWA's first-quarter revenue increased by 15% to AED5.068 billion, driven by an increase in consumption across all sectors and the transition to a normalised tariff structure at the beginning of this year. Rise in hospitality and commercial activities in Dubai, in part due to the easing of Covid-related restrictions worldwide, has contributed to the robust...
Dubai Electricity and Water Authority (Dewa) on Friday reported its first-quarter 2022 financial results, recording revenues of Dhs5.068 billion and net profit of Dhs691 million.