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Tabreed approve dividend of 6.5 fils per share for H1
Gulf Today
|September 17, 2025
National Central Cooling Company “Tabreed” yesterday confirmed shareholder approval at its General Assembly for an interim dividend of 6.5 fils per share, representing Dhs184.9 million, for the first half of 2025.
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This marks the first interim dividend in Tabreed's 27-year history, reflecting the company’s record first-half performance, with revenue rising 3 per cent year-on-year to Dhs1.11 billion and net profit reaching Dhs276 million, supported by strong cooling demand and significant capacity growth across key markets.
Tabreed's growth momentum continued in the first half of 2025, with total connected capacity reaching 1.37 million RT following a record 41.6k RT of new connections, almost double the capacity added in all of 2024.
Strong contributions from the UAE and Saudi Arabia underline the company’s position as a truly cross-regional operator and set the stage for the next phase of growth.
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