Abu dhabi: National Central Cooling Company PJSC (Tabreed) today announced the results for the nine-month period ended 30th September 2025, posting group revenue of AED1.87 billion, up 1 percent year-on-year.

According to Emirates News Agency, the performance reflects the resilience of Tabreed's fixed capacity revenues backed by long-term concession agreements, despite milder weather in Q3 2025. EBITDA grew 5 percent year-on-year to AED975 million, with margins expanding to 52.2 percent, reflecting operating leverage, scale efficiencies, and sustained cost discipline. The company's net profit stood at AED420 million in the first nine months of 2025.

Dr. Bakheet Al Katheeri, Tabreed's Chairman, highlighted the company's strategic moves, stating that with the completion of the PAL Cooling acquisition and the finalisation of the Palm Jebel Ali concession, Tabreed has entered a new phase of scale and stability that strengthens future earnings visibility. He emphasized Tabreed's role as a national champion in district cooling, contributing to the UAE's energy efficiency and sustainability goals. Dr. Al Katheeri noted that the company's market-leading position, built on long-term concessions and operational excellence, ensures its role as a key enabler of the country's vision for a low-carbon, resource-efficient economy.

Khalid Al Marzooqi, Tabreed's Chief Executive Officer, remarked that this year has focused on building for the next decade by investing in capacity, technology, and execution to enable predictable and sustainable growth for Tabreed. He mentioned that the company added record organic capacity, brought new plants online across their network, and advanced innovation through partnerships to enhance efficiency and resilience.