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Tabreed reports 17% jump in H1 profit

: Saturday, July 26 - 2014 @ 04:16

National Central Cooling Co (Tabreed) has posted a 17% jump in its six-month net profit to Dhs148.6m, Khaleej Times has reported. The Abu Dhabi-based district cooling firm’s core chilled water revenue increased by 4% to Dhs483.1m, while group revenue climbed 6% to Dhs526.3m. During the period, Tabreed-MIP consortium acquired the 80,000 RT Al Maryah Island district cooling plant in a transaction valued at Dhs1.05bn.

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Saturday, July 26- 2014 @ 4:16 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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