DEWA announces record quarterly revenue of AED5.96 billion – Business – Corporate

Ahmed Al Mansoori
4 Min Read

Dubai Electricity and Water Authority (Dewa), mentioned on the Dubai Financial Market (DFM), today reported its first quarter of 2025 consolidated financial results, with a quarterly turnover of AED5.96 billion.

Income before interest, taxes, depreciation and amortization (EBITDA) declared AED2.43 billion, with a business profit of AED838 million and a net of AED496 million.

The company also generated a record net cash of AED 3.85 billion activities, which resulted in the closing of cash and cash ecbilers of AED8.17 billion, which is AED 2.07 billion higher than the balance from the year-a 2024.

“Dewa is committed to be an innovative and substantable corporation inspired by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, and The Directors of HH Sheikh Hamdan Bin Mohammed Bin Rashyd Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, and Chairman of the Executive Council of Dubai, and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, first substitute rule of Dubai, Deputy Prime Minister and Minister of Finance by 2050, said Saeed, Saud Saeed, said Saoai’s Saeed, said Saeed, “Saud’s Saeed,” Saud’s Saeed, said Saeed, “Saud’s Saeed,” Saud’s Saeed, “Saud’s Saoai,” Saud’s Saeed, said Saeed, “Saud’s Saoi,” Saeed, “Saud’s Saoai. -President and MD & CEO of Dewa.

“With the existing growth of the demand for electricity, water and cooling service, our turnover grew by 2.83% to AED5.96 billion in the quarter and more remarkable, our net cash flow from operations grew to AED 3.85 billion, which is 17.86% higher than the amount of the PREMIUS,”

In the first quarter of 2025, Dewa generated 10.50 TWH, which represents to 2.83% increases compared to the same Perria in 2024. During this quarterly clean power, 1.86 TWH was, which contributed 17.7% to the total electricity aggregate.

At the same time, the descended water production in the quarter behind has been increased to register 35.61 in size, 4.56% with an increase. Dewa increased his customer base through an impressive 11,614 customer accounts during the quarter. In the last twelve months, ending with the first quarter of 2025, the total number of customer bods increased by 57,339, which represents an annual growth of 3.7%

By the first quarter of 2025, the company of the company was installed with the generation capacity 17,579 MW with 3.460 MW of this capacity from clean energy sources that represent 20% from the energy mix.

By 2030, Dewa will add 240 Migd Descanation capacity, with the help of seawater inverted Osmosetechnology and the total Estabilhed capacity will reach 735 by that time.

Dewa has two 132kV substations and four hundred and forty and forty-one 11-6.6 kV substations in the quarter.