Empower’s profits reached 654.4 million dirhams in 9 months

Dubai: “Al Khaleej” Emirates Central Cooling Systems Corporation PJSC “Empower” announced strong financial results, recording total revenues of 2.451 billion dirhams in 9 months at the end of September 2024, with a growth of 8% and earnings before interest, taxes, depreciation and amortization of 1.124 billion. AED, with a growth of 4.7%. Empower also achieved pre-tax profits of 719 million dirhams, a growth of 5.0%, compared to 684.8 million dirhams during the same period of 2023. The net profit amounted to 654.4 million dirhams, a decrease of 4.4%. Empower confirmed that the exceptional growth in its revenues and profits during the nine months of this year is due to the significant increase in demand for the organization’s services in various regions.