DEWA Reports Record H1 2025 Revenue and Profits
Dubai Electricity and Water Authority PJSC achieves remarkable financial performance in H1 2025.
Summary
Dubai Electricity and Water Authority PJSC (DEWA) has reported record revenue and profits for the first half of 2025, with significant year-on-year growth in key financial metrics.
Dubai Electricity and Water Authority PJSC (DEWA), the exclusive provider of electricity and water services in Dubai, has showcased an impressive financial performance in the first half of 2025. According to the company's latest financial results, DEWA reported a record revenue of AED 14.6 billion, marking a 6.9% increase from the previous year. The company's EBITDA stood at AED 7.0 billion, while its operating profit reached AED 3.7 billion, both reflecting substantial year-on-year growth.
One of the most striking figures is DEWA's profit after tax, which increased by 13.2% year-on-year to AED 2.9 billion. This robust performance is complemented by a remarkable surge in operating cash flow, which rose by 61.3% to AED 9.2 billion. The second quarter of 2025 alone saw a profit after tax of AED 2.4 billion, representing a 25.8% increase compared to the same period last year.
In light of these results, DEWA's Board has approved a dividend payment of AED 3.1 billion for the first half of 2025, highlighting the company's commitment to delivering value to its shareholders. This decision aligns with DEWA's strategic vision inspired by the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
DEWA's strong financial performance is a testament to its strategic initiatives and operational efficiency. The company's focus on innovation and sustainability, coupled with Dubai's growing economy, has positioned it well for future growth. As Dubai continues to expand its infrastructure and population, the demand for reliable electricity and water services is expected to rise, providing DEWA with further opportunities for revenue generation.
Given DEWA's solid financial results and strategic positioning, investors may consider a 'buy' recommendation. The company's consistent growth, strong cash flow, and commitment to shareholder returns make it an attractive investment option in the utilities sector.
Source
Summary
Dubai Electricity and Water Authority PJSC announced record financial results for the first half of 2025, reporting a revenue of AED 14.6 billion, a 6.9% increase year-over-year. The profit after tax reached AED 2.9 billion, up 13.2% from the previous year, and operating cash flow surged by 61.3% to AED 9.2 billion. For the second quarter of 2025, profit after tax increased by 25.8% year-over-year to AED 2.4 billion. The company's board approved a dividend payment of AED 3.1 billion for the first half of 2025, to be distributed in October. DEWA, listed on the Dubai Financial Market, is the exclusive provider of electricity and water services in Dubai.
