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Strong financial and operational performance from Empower

By District Energy posted 6 hours ago

  

Empower

Summary

As its business continues to grow and achieve successive operational and financial milestones, Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, has reaffirmed its commitment to distributing dividends to shareholders regularly, twice a year since its listing on the Dubai Financial Market in November 2022. The company has demonstrated its ability to generate steadily increasing profits, with total dividends distributed to shareholders over the past three years reaching AED 2.575 billion, reflecting its strong performance and commitment to enhancing shareholder value.

“Empower’s rising profit results reflect the success of our business expansion and innovation strategy and reaffirm our commitment to achieving the objectives we have shared with our shareholders. Our business policy is guided by the firm foundations established through the directives of our wise leadership, ensuring effective operational efficiency for our customers through adherence to the highest standards of service sustainability and a forward-looking vision in service delivery. The increase in profitability has been accompanied by the expansion of projects within our business portfolio and accelerated growth in their operational efficiency,” said H.E. Ahmad Bin Shafar, CEO of Empower.

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