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.
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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 10:07National 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 9:42UAE 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 12:57Cooling 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 10:40Mubadala 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 11:18Things are finally cooling down for Abu Dhabi cooling firm Tabreed, as it reaches the final stages of its debt restructuring plan.
March 4, 2011 12:01Chilled Water Business Drives Strong Profit Growth.
August 16, 2010 2:04