The international company for the centralized air conditioning system "EmPower" has announced its financial results for 2024. The financial year recorded a record 3.3 billion dirhams, which indicates a growth of 7.4% compared to 2023. The company's net profit in 2024 amounted to 908 million dirhams.
"EmPower" successfully utilized the economic development of Dubai in the past year to achieve set goals and optimize plans for maximum utilization of increasing market activity in the residential and commercial real estate, tourism, entertainment, and tourism sectors. The company operates using flexible management methods and adaptable plans, ensuring sustainable business growth and providing revenue from actions for shareholders.
President of "EmPower" Ahmed bin Shaafar noted that 2024 has been another successful stage in the company's history. "EmPower" has shown significant portfolio growth of diverse and multifunctional iconic projects, increasing the number of end-users consuming the company's services, a high level of client satisfaction, and also an increase in the company's assets. A high level of client satisfaction was achieved, and significant steps were taken in the utilization of modern technologies and environmentally clean solutions in stations and networks of pipelines for the transmission and distribution of cold energy in ecologically clean areas. Additionally, "EmPower" made a significant contribution to the international arena, helping countries and governments preserve the environment and resources for future generations, developing high standards of corporate social responsibility.
The issuance and profits of "EmPower" grew by 7.4% and 6.2% respectively during 2024.
