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HNB Group demonstrates resilience, strength and stability February, 23, 2021 CASA grows by Rs 99Bn recording a 35% increase NPA ratio improves to 4.3% Among the most liquid and best capitalized banks Supports economic revival through extensive financial support Hatton National Bank PLC (HNB) demonstrated resilience and an unwavering focus on sustainable business performance as it posted Rs 13.7 Bn in Group Profit After Tax during 2020, a year laden with unprecedented circumstances and challenges. Bank level Profit After Taxes amounted to Rs 11.5 Bn Commenting on the performance, Chairman of H...

Hatton National Bank PLC (HNB) demonstrated resilience and an unwavering focus on sustainable business performance as it posted Rs 13.7 Bn in Group Profit After Tax during 2020, a year laden with unprecedented circumstances and challenges. Bank level Profit After Taxes amounted to Rs 11.5 Bn. Co

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 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...

UAE-based Tabreed has reported a net income of AED550 million ($148 million), up 16.5 per cent over 2019. The group revenue too increased by 14.5 per cent to AED1.7 billion compared to the AED1.52 billion the previous year.