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Empower announces Q1 2024 results reporting AED 538 million in revenue with 8.8% growth and AED 182 million pre-tax Net Profit with a growth of 8.6%

By District Energy posted 05-08-2024 09:33

  

Empower

Summary

Emirates Central Cooling Systems Corporation PJSC,  the world's largest district cooling services provider, announced its financial results today for the first quarter of 2024, reporting revenue of AED 538 million, with an increase of 8.8%, and EBITDA of AED 313 million, with a growth of 8.2%, compared to the same period of 2023. Empower earned AED 182 million as profit before tax with an impressive growth of 8.6% compared to the same period of 2023. The Net Profit after tax amounted to AED 166 million for the quarter ended 31 March 2024.

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