emirates7 - Emirates Central Cooling Systems Corporation (Empower) has announced its financial performance for the first half of 2025, reporting a net profit after tax of AED 403 million—an increase of 3.4% compared to the same period in 2024.
The company recorded total revenues of AED 1,453 million, reflecting a 7.5% year-on-year growth. Its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) rose by 3.6% to reach AED 719 million. Meanwhile, the company’s pre-tax net profit stood at AED 442 million, up by 3.3% compared to the first half of the previous year.
Commenting on the results, Ahmad bin Shafar, CEO of Empower, stated that the company’s strong performance underscores the resilience of its integrated business model and its ability to adapt efficiently to evolving market conditions and customer expectations. He attributed Empower’s ongoing success to its forward-thinking strategy, operational excellence, and capacity to derive long-term value from the sustained growth in the real estate sector.
The company recorded total revenues of AED 1,453 million, reflecting a 7.5% year-on-year growth. Its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) rose by 3.6% to reach AED 719 million. Meanwhile, the company’s pre-tax net profit stood at AED 442 million, up by 3.3% compared to the first half of the previous year.
Commenting on the results, Ahmad bin Shafar, CEO of Empower, stated that the company’s strong performance underscores the resilience of its integrated business model and its ability to adapt efficiently to evolving market conditions and customer expectations. He attributed Empower’s ongoing success to its forward-thinking strategy, operational excellence, and capacity to derive long-term value from the sustained growth in the real estate sector.