Tabreed´s Q1 2018 Net Profit Increases 3% To AED 77.7 Million
(WorldNews Environment)

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its 2018 first quarter consolidated financial results. The company continues to deliver strong and consistent performance from its 72 district cooling plants across the GCC, which deliver almost 1.1 million refrigeration tons (RT) of cooling capacity to customers. Financial highlights - three months ended 31 March 2018: Net profit attributable to the parent increased by 3.1 percent to AED 77.7 million (Q1 2017: AED 75.4 million) Core chilled water revenue increased by 1.4 percent to AED 258.7 million (Q1...