6 Articles
6 Articles
DEWA announces record quarterly revenue of AED5.96 billion
Dubai Electricity and Water Authority (DEWA), listed on the Dubai Financial Market (DFM), today reported its first quarter 2025 consolidated financial results, recording quarterly revenue of AED5.96 billion. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) amounted to AED2.43 billion, with an operating profit of AED838 million and a net profit of AED496 million. The company also generated a record net cash from operations…
Dewa Q1 2025 profit falls despite revenue rise
Net profit at the Dubai Electricity and Water Authority (Dewa) fell by about a quarter in the first three months of 2025 despite a rise in revenue. Net profit reached AED497.8 million in the first quarter, a drop of 23 percent year on year, according to Dewa’s consolidated interim financial report. Revenue rose 3 percent year on year to AED6 billion, while cash from operations jumped 19 percent annually to AED3.9 billion, reaching an all-time hi…
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage