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Image used for illustrative purpose. TAQA's projects.
Abu Dhabi National Energy Company PJSC, known as TAQA, said its Q1 2025 net profit attributable to shareholders fell 1.5% year-on-year to 2.08 billion dirhams ($566 million) on lower commodity prices and declining output of oil and gas.
The integrated utilities company saw revenue rise 3.8% to AED 14.2 billion driven by Transmission and Distribution.
TAQA has approved Q1 interim dividend of 0.75 fils per share.
(Writing by Brinda Darasha; editing by Seban Scaria)
