DEWA PJSC 9M-2022 profit rises 21% to AED 6.47bln

DEWA PJSC 9M-2022 profit rises 21% to AED 6.47bln

For the year 2022, DEWA will pay its shareholders AED 8.23bn in dividends (AED 6.2bn as part of dividend policy and AED 2.03 bn as a one-time special dividend)

DEWA has paid AED 3.1bn of dividends to shareholders for H1, 2022 on October 26th, 2022. DEWA intends to pay a one-time special dividend of AED 2.03bn in December 2022. Also, DEWA will pay AED 3.1bn of dividends to shareholders for H2, 2022 in April 2023

DEWA’s majority owned subsidiary, EMPOWER, is expected to be listed on the DFM in mid November, 2022

DEWA is on track to deliver the best full year financial performance in its history