Make MENAFN My Home Page
 
  Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE's Tabreed profit up 22 percent in Q1  Join our daily free Newsletter

MENAFN - 29/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN) National Central Cooling Company (Tabreed) has posted a 22 percent rise in net profit for the first quarter of 2014 to reach USD15.843 million compared to USD13.012 million for the same period 2013, according to the Emirates 24/7.

The company could make the profit on the back of the core chilled water business, with more than 16,000 Refrigerated Tonnes (RT) of new onnections made in the first quarter of the year.


Waleed Al Mokarrab Al Muhairi, Chairman, said: "The company continues to focus on strengthening its core chilled water business and maximising the return on its existing assets."

Group revenues boosted by 4 percent to USD61.84 million in the first quarter of 2014 compared to USD59.50 million in the same quarter 2013.

 
 


MENAFN






 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help