Empower Achieves Financial and Operational Growth in Q1 2025

Dubai [UAE], May 9 (ANI/WAM): Emirates Central Cooling Systems Corporation PJSC - Empower, globally known as the largest district cooling services provider, has revealed its financial results for the first quarter of 2025, indicating a subtle revenue increase to AED540 million, marking a 0.4% rise compared to the same timeframe in 2024. During this period, the firm also reported an EBITDA of AED297 million and a pre-tax net profit of AED159 million, with net profit after tax reaching AED145 million for the quarter ending March 31, 2025.

CEO Ahmad Bin Shafar credited the sustainable growth to strategic expansion into key projects and the company's expertise in maximizing its expanding presence in the district cooling market. Empower's commitment remains steadfast in furthering its asset base expansion to meet the heightened demand, ensuring continued market leadership and sustainable returns.

Empower's recent financial performance underscores its position in the district cooling sector. With consolidated revenues of AED3.26 billion for April 2024 to March 2025—representing a 6% growth—the company continues to lead by elevating its service standards above international norms, powered by high operational readiness and a robust asset base.

(With inputs from agencies.)