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Emirates Central Cooling Systems Corporation Empower. Image for illustrative purpose.
Dubai’s Emirates Central Cooling Systems Corporation (Empower) reported Q2 2024 net profit attributable to equity holders of 223 million dirhams ($60.7 million), down 9% from AED 244.27 million a year earlier.
Revenue for the quarter reached AED 814 million, increasing 11.4% year-on-year (YoY), the company said in a filing on the Dubai Financial Market on Tuesday.
Net profit attributable to equity holders fell 6% YoY to AED 387 million in the first half of 2024, as revenue climbed 17 YoY AED 1.4 billion.
(Editing by Seban Scaria seban.scaria@lseg.com)