Dubai, United Arab Emirates - Saturday, 13. August 2022 AETOSWire
AED 7.01 bn +14 % YoY Q2, 2022 Revenue
AED 2.61 bn +37 % YoY Q2, 2022 Net Profit
AED 12.08 bn +15 % YoY H1, 2022 Revenue
AED 3.30 bn +33 % YoY H1, 2022 Net Profit
Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its second quarter 2022 financial results, recording quarterly revenue of AED 7.01 bn and net profit of AED 2.61 bn. For the first half of 2022, DEWA’s revenue is AED 12.08 bn and net profit is AED 3.30 bn.
DEWA’s first half revenue increase of 15% to AED 12.08 bn was mainly driven by an increase in energy and water demand in Dubai. During the first half of 2022 energy demand increased by 6.3% and wat
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