Tabreed’s third-quarter profit rises 69% on strong revenue – The National
- Date: 17-Nov-2022
- Source: The National
- Sector:Financial Markets
- Country:UAE
Tabreed’s third-quarter profit rises 69% on strong revenue – The National
The National Central Cooling Company, better known as Tabreed, reported a 69.2 per cent increase in third-quarter profit as revenue rose, driven by new connections added in the UAE, Oman and Bahrain.
Profit attributable to equity holders of the parent company in the three months to the end of September climbed to Dh159.2 million ($43.3 million), Tabreed said in a statement on Wednesday to the Dubai Financial Market, where its shares are traded.
Revenue for the reporting period rose by nearly 15 per cent year-on-year to more than Dh683.7 million.
Select Sector 
Select Country 
