Empower's Q3 Revenue Surges Amid Growing Demand
Empower reports a record-breaking Q3 revenue, showcasing robust financial and operational performance driven by rising demand in Dubai's real estate sector.
Summary
Empower has reported a significant increase in Q3 revenue and profit, driven by rising demand in Dubai's real estate sector and expansion of its district cooling services.
Emirates Central Cooling Systems Corporation PJSC, known as Empower, has reported a record-breaking revenue for the third quarter of 2025, reinforcing its position as the world's largest district cooling services provider. The company achieved a total revenue of AED 2.586 billion, marking a 5.5% growth, and a pre-tax net profit of AED 757 million, reflecting a 5.3% increase compared to the previous year.
This impressive financial performance is attributed to the substantial increase in demand for Empower's services across Dubai, driven by the surge in the real estate sector and the growing number of development projects. Empower's strategic approach, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, emphasizes sustainability as a core pillar of the UAE's development journey. The company has capitalized on this growth by signing new contracts to supply major projects in Dubai with environmentally friendly district cooling services.
Empower's CEO, H.E. Ahmad Bin Shafar, highlighted the company's commitment to operational sustainability while expanding its asset base and advanced networks to efficiently serve its partners and customers. The company's efforts align with Dubai's ambition to become a global hub for energy-efficient district cooling technology and support the UAE's Net Zero 2050 targets.
Over the twelve-month period from October 2024 to September 2025, Empower reported a consolidated revenue of AED 3.395 billion, compared to AED 3.217 billion in the previous year, indicating a notable growth of 5.5%. EBITDA for the same period reached AED 1.596 billion, compared to AED 1.512 billion previously.
Given Empower's strong financial performance and strategic positioning in a growing market, investors may consider holding the stock. The company's continued expansion and focus on sustainability align well with global trends towards energy efficiency and environmental responsibility. However, potential investors should remain mindful of market dynamics and regulatory changes that could impact future performance.
Source
Summary
Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, reported record financial results for the third quarter of 2025. The company achieved a revenue of AED 2.586 billion, marking a 5.5% growth, and a pre-tax net profit of AED 757 million, reflecting a 5.3% increase compared to the same period last year. Empower attributes this growth to increased demand for its services in Dubai, driven by the real estate sector and new development projects. The company continues to expand its operations and adopt environmentally friendly cooling solutions. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to sustainability and its role in supporting Dubai's development goals and the UAE's Net Zero 2050 targets. Over the twelve-month period ending in September 2025, Empower reported a consolidated revenue of AED 3.395 billion, a 5.5% increase from the previous year, and an EBITDA of AED 1.596 billion.
