SNG: Empower's H1 revenue soars to $395mln; net profit up 3.4%

About this update from Emirates Central Cooling Systems Corporation Pjsc

First published: 06-Aug-2025 06:59:43Staff WriterEmirates 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.-TradeArabia News ServiceCopyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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