The annual financial report of Abu Dhabi National Energy Company PJSC (TAQA) for the last financial year. The group’s total revenues increased by 6.7% to 55.2 billion dirhams due to the sustainable growth of the company's business in the transportation and distribution sector, as well as due to the inclusion of the 'Water Solutions Company' in the group. The structured profit before tax, amortization, and amortization reached 21.4 billion dirhams, increasing by 5.9% compared to the previous year, excluding the contribution from the 'Water Solutions Company', which was acquired in Abu Dhabi Gas Industries Ltd (GASCO) for a total of 10.8 billion dirhams.
The headquarters in Abu Dhabi announced that TAQA has demonstrated stable financial results, supported by the investment in water solutions of the 'Water Solutions Company' (previously known as 'Sustainable Water Solutions Holding').
