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Chilled water business helps Tabreed

Revenue for the quarter rose 5 percent to 326.4 million dirhams from 309.8 million dirhams in the prior-year period.

October 31, 2012 10:07
UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

National Central Cooling Company (Tabreed) reported a 15 percent rise in first quarter profit on Tuesday as operating costs declined by a quarter for its chilled water business.

May 1, 2012 9:42
UAE Tabreed’s Q4 net profit more than doubles

UAE Tabreed’s Q4 net profit more than doubles

UAE utility firm Tabreed is bullish on growth this year with its projects fully funded, its CEO said on Wednesday, after posting fourth-quarter results which more than doubled from the previous year.

February 1, 2012 12:57

UAE’s Tabreed fully repays $200M Islamic bond

Cooling firm Tabreed, which received funding earlier this year from state-owned Mubadala to restructure debt, said it fully repaid a $200 million Islamic bond or sukuk maturing on Wednesday.

July 20, 2011 10:40

Abu Dhabi’s Mubadala holding in Tabreed climbs to 26 per cent

Mubadala stake in Tabreed increased to 26 per cent from 16.79 per cent, following Tabreed securing $844.2 million funding from Mubadala to help with its debt.

May 22, 2011 11:18
Cool off

Cool off

Things are finally cooling down for Abu Dhabi cooling firm Tabreed, as it reaches the final stages of its debt restructuring plan.

March 4, 2011 12:01

Tabreed second quarter 2010 consolidated financial results

Chilled Water Business Drives Strong Profit Growth.

August 16, 2010 2:04