Dubai-based district cooling services provider Empower has reported an increase in revenue and net profit in their 2026 first quarter financial results.
A total of AED 631 million in revenue has been reported for the first quarter ending March 31, which is a 16.8 per cent increase from the same period in 2025.
Net profit after tax has amounted to AED 208 million, with a 44 per cent increase compared to the first quarter of 2025, while pre-tax net profit reached AED 229 million.
Empower also recorded EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) of AED 358 million.
According to the company’s yearly financial statement, Empower recorded consolidated revenue of AED 3.51 billion over the twelve-month period from April 2025 to March 2026, compared to AED 3.26 billion for the period from April 2024 to March 2025, reflecting a growth of 7.6 per cent.
The first quarter of 2026 also witnessed significant business growth for Empower, with the signing of 28 new contracts to supply 35,662 refrigeration tons, seeing them selected among Forbes Middle East’s 100 Most Valuable Companies 2026 by market capitalisation.
Empower Reports Impressive Q1 2026 Financial Results.
— Dubai Media Office (@DXBMediaOffice) May 7, 2026
Revenue
AED 631 million
16.8% ⬆️ YoY
Net Profit
AED 208 million
44% ⬆️ YoY pic.twitter.com/WrdHPsm8kx
UAE sets up committee to document Iranian aggression, crimes
MoHRE urges firms to meet Emiratisation compliance deadline
UAE President highlights 'Make It In The Emirates' as part of future vision
Sharjah Ruler opens AED700 million Khorfakkan Resort
