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Tabreed Reports A 16.5% Increase In 2020 Net Income To AED550 Million - Vimarsana News

Tabreed Reports A 16.5% Increase In 2020 Net Income To AED550 Million

Tabreed reports a 16.5% increase in 2020 net income to AED550 million Mon 15th February 2021 | 02:15 PM ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 15th Feb, 2021) The National Central Cooling Company (Tabreed) on Monday released its audited financial results for 2020. Tabreed reported a 16.5 percent increase in 2020 net income to AED550 million. The results showed that Tabreed added 39.6k Refrigeration Tons (RT) of organic capacity growth and 181.5k RT of inorganic capacity additions, resulting in the delivery of 1,403,819 RT of cooling capacity at the end of the Calendar year. T...

Tabreed is interested in Dubai airport district cooling deal - Vimarsana News

Tabreed is interested in Dubai airport district cooling deal

Tabreed is interested in Dubai airport district cooling deal Staff Report/Abu Dhabi Filed on February 15, 2021 With 86 district cooling plants, Tabreed services developments such as the Burj Khalifa, the world’s tallest skyscraper, the Dubai Opera and the Dubai Mall. — Supplied photo Tabreed reported a 16.5 per cent increase in 2020 net income to Dh550 million while the group revenue increased by 14.5 per cent to Dh1,741 million National Central Cooling Co, popularly known as Tabreed, is interested in acquiring the district cooling unit that serves Dubai International Airport, its...

Empower's 2020 net profit hits $245m, revenue up 3.4pc - Vimarsana News

Empower's 2020 net profit hits $245m, revenue up 3.4pc

Empower's 2020 net profit hits $245m, revenue up 3.4pc DUBAI, January 21, 2021 Emirates Central Cooling Systems Corporation (Empower) has reported a net profit of AED901 million ($245.2 million) for 2020, registering an increase of 3.4 per cent over the previous year.    Announcing the 220 results, Empower said its revenue too surged by 3 per cent to hit AED2.26 billion, a commendable performance given the difficult economic conditions resulting from the global pandemic.   The Emirati group's total cooling capacity for 2020 surged to hit 1.64 million Refrigeration Tons (RT) covering s...