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06/08/2025 07:15 AST
Emirates Central Cooling Systems Corporation (Empower) has announced robust financial results for the first half with a total revenue of AED1.45 billion ($395 million), up 7.5% over the same period in 2024.
Announcing the results for the six-month period ended June 30, 2025, Empower said its net profit after tax hit AED403 million ($110 million), thus marking a 3.4% increase over the same period in 2024.
The ebitda (Earnings Before Interest, Taxes, Depreciation, and Amortisation) reached AED719 million, with a growth of 3.6 percent and the pre-tax net profit amounting to AED442 million marking 3.3 percent growth compared to the first half of last year.
On the solid performance, CEO Ahmad bin Shafar said: "Empower's exceptional performance in the first half of 2025 reflects the strength of our integrated business model and the ability to efficiently adapt to changing market dynamics and customer needs."
"Our sustained success is driven by the forward-looking strategy, operational excellence, and the ability to extract long-term value from the continued momentum in the real estate sector," he added.
Trade Arabia
23/10/2025
Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a product
Trade Arabia
21/10/2025
Emirates Central Cooling Systems Corporation (Empower), a district cooling services provider, and Yokogawa Electric discussed ways to strengthen cooperation between the two entities and explored pros
Trade Arabia
13/08/2025
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, reported a 7.1 per cent increase in consumption during the first half of 2025 compared
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.36 | -0.01 (-0.30 |
| ACWAPOWER | 192.00 | -2.50 (-1.29 |
| DEWA | 2.77 | 0.00 (0.00 |
| SAUDIELECTRICITY | 14.14 | -0.01 (-0.08 |
| MARAFIQ | 38.56 | -0.34 (-0.88 |
22/12/2025
Visa and Aldar have announced a strategic collaboration that marks the first live implementation of Visa Intelligent Commerce in the region, introducing end-to-end, voice-enabled agentic payment expe
Khaleej Times
22/12/2025
The National Bank of Bahrain (NBB) has signed a strategic agreement with Procural, a Bahrain-based digital procurement and tendering platform.
The collaboration supports NBB's ongoing digita
Trade Arabia
22/12/2025
Bahrain Ship Repairing & Engineering Company (BASREC) has signed a strategic agreement with Lumofy, an AI-powered talent development and competency management platform, as part of its commitment to a
Trade Arabia
22/12/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has announced that its Board of Directors has approved the appointment of Dr Shamsheer Vayalil as Chief Executive Off
Trade Arabia
22/12/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has swiftly contained an industrial fire that broke out at a power rectiformer in the morning of December 19, a company st
Trade Arabia
Financial Information Co.
Saudi Arabia