Emirates Central Cooling Systems Corporation PJSC

Emirates Central Cooling Systems Corporation PJSC

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Empower Reports Record Revenues and Profits in 2025

Summary

Empower, the world's largest district cooling services provider, reported record revenues of AED 3.42 billion and net profit of AED 1.004 billion for 2025. The company approved a significant cash dividend, reflecting its strong financial health and operational efficiency.
Emirates Central Cooling Systems Corporation PJSC (Empower) has announced record financial results for 2025, highlighting the company's robust performance and strategic growth.

Emirates Central Cooling Systems Corporation PJSC (Empower), a prominent player in the district cooling services industry, has achieved remarkable financial results for the year 2025. The company, listed on the Dubai Financial Market, reported record revenues of AED 3.42 billion and a net profit after tax of AED 1.004 billion, marking a significant milestone since its inception.

At the Annual General Meeting (AGM) held on 26 March 2026, Empower's shareholders approved a cash dividend of AED 437.5 million, equivalent to 43.75% of the company's paid-up capital. This decision underscores Empower's commitment to delivering value to its shareholders while maintaining a robust financial position.

His Excellency Saeed Mohammed Al Tayer, Chairman of the Board of Directors, emphasized the company's consistent profitability, attributing it to Empower's strong business model and efficient operational strategies. He noted that the company's performance aligns with the vision of Dubai's leadership to enhance the emirate's economic and service levels.

Moreover, CEO Ahmad Bin Shafar highlighted the booming construction sector in Dubai, which has opened new avenues for investment and business growth. Empower's strategic positioning in this dynamic market has undoubtedly contributed to its financial success.

In 2025, Empower distributed cash dividends totaling AED 875 million in two installments, reflecting its commitment to rewarding shareholders. The company's robust financial health, as evidenced by its impressive EBITDA of AED 1.65 billion, positions it well for future growth and expansion.

Given Empower's strong financial performance and strategic market positioning, investors might consider holding onto their shares. The company's consistent dividend payouts and record profits suggest a stable outlook, making it an attractive option for those seeking long-term value.

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