Abu Dhabi National Energy Company (TAQA) published its net income for the period ending March 31, 2024.
Publish dateSaturday 18 May 2024 - 14:26
TAQA's revenues reached 13.7 billion dirhams, which is 5.3 percent higher than the previous year's period, the company's report said.
The company attributed the increase in income to the partnership with SWS Holding and said that the adjusted EBITDA also increased the net income. Adjusted EBITDA was 5.5 billion dirhams.
"We have delivered strong operational performance in both electricity and water. Our strong performance was significantly enhanced by the contribution of SWS Holding," said Jassim Hossein Thabet, Chief Executive Officer and CEO of TAQA Group.
amacnews.com/vdcgry9n4ak9u.j5a.html
Source : news agency wam
Latest News
Most viewed
