Blog Viewer

Empower reports 44% YoY growth in Q1 2026 Net Profit to AED 208 million, with revenue reaching AED 631 million

By District Energy posted yesterday

  

Government of Dubai

Summary

Emirates Central Cooling Systems Corporation PJSC, the world's largest district cooling services provider, has announced its financial results for the first quarter of 2026. The company reported total revenue of AED 631 million, representing an increase of 16.8% compared to the same period in 2025.
 
Empower CEO H.E. Ahmad Bin Shafar, said, “The results reflect the strength of Empower’s business model and our ability to deliver sustainable growth. The exceptional performance in revenue and net profit during the first quarter of 2026 was driven by higher capacity additions and a reduction in operational costs, supported by a well-planned expansion strategy and the sustained increase in demand for district cooling services across Dubai. We continue to operate in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which aims to position Dubai as a global benchmark for sustainable cities through the implementation of energy-efficient solutions and development of advanced infrastructure,” said .

#MemberNewsIDEA
#Empower
#DistrictCooling
0 comments
2 views

Permalink