DEWA reported revenue of 13.7 billion dirhams

According to Amac News: DEWA's financial report states that EBITDA was 6.6 billion dirhams, operating profit was 3.3 billion dirhams, and profit after tax was 2.6 billion dirhams.
DEWA's consolidated H1 revenue increased by 7.3% to a record 13.7 billion dirhams in 2024 compared to the first half of 2023, mainly driven by increased demand for electricity, water and cooling services.
The report of Dubai Electricity and Water Authority (DEWA) states that the consolidated first half net profit decreased by 6.7% to 2.6 billion dirhams.
Gross electricity production in the first half of 2024 was 25.5 terawatt hours, which represents an increase of 6.7 percent compared to 23.9 terawatt hours produced in the same period in 2023.
DEWA's total desalinated water production in the first half of 2024 reached 71.3 billion imperial gallons, an increase of 4.3% over the same period in 2023.
By the end of the first half of 2024, the company's installed generation capacity has reached 16.779 GW, which includes 2.86 GW representing renewable energy capacity.
According to DEWA's dividend policy, the company expects to pay a minimum annual dividend of 6.2 billion dirhams in the first five years from October 2022. Dividends are paid semi-annually in April and October.
As of April 26, 2024, DEWA has distributed AED 3.1 billion as dividend for H2, 2023 to its shareholders based on the record date of April 8, 2024.
For the first half of 2024, DEWA has been authorized to distribute AED 3.1 billion to its shareholders based on the record date of October 18, 2024.