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UAE's Tabreed profit grows 15 percent in 2013  Join our daily free Newsletter

MENAFN - 29/01/2014

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(MENAFN) The UAE-based National Central Cooling Company PJSC, Tabreed, has reported a significant growth in profit in 2013, according to the Emirates 24/7.

Thanks to the core chilled water business the company made, with over 70,000 Refrigerated Ton (RT) of new customer connections made during the year.

The company's net profit was estimated at USD74.14 million in 2013 compared to USD64.32 million, registering a 15 percent rise.

Tabreed's revenue in core chilled water boosted by 4 percent reaching USD279.66 million compared to USD270.11 million in 2012.

 






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