Abu Dhabi: National Central Cooling Company (Tabreed) said on Thursday its net profit attributable to the parent increased by six per cent in the first nine months of this year to Dh269.3 million when compared to Dh253.8 million during the same period last year.
The company also reported an increase in the group revenues in the first nine months of this year. Revenues went up by six per cent to reach Dh960.3 million when compared to Dh904.3 million in the same period last year.
Total group connected capacity across the GCC (Gulf Cooperation Council) reached 1,011,900 RT (Refrigeration Tons) with 37,113 RT of new customers connections added in the first nine months with 34,513 RT in the UAE, 1,600 RT in Qatar and 1,000 RT in Oman.
“The achievement of our recent milestone with one of the largest multi-themed leisure and entertainment destinations in the Middle East, Dubai Parks & Resorts, showcases our commitment to deliver district cooling services to iconic projects enabling energy savings leading to a positive contribution to the environment,” Jasim Husain Thabet, Tabreed’s Chief Executive Officer, said in a statement. “We remain intensely focused on shareholder returns and identifying opportunities that increase our presence locally and throughout the region.”
Tabreed owns and operates seventy plants across the GCC including sixty-two in the UAE, three in Qatar, two in Saudi Arabia, two in Oman and one in Bahrain.
