Dubai Electricity and Water Authority (Dewa), ready in the Financial Market of Dubai (DFM), his first consolidated financial results for the first quarter of 2025 reported today, registering quarterly income from AED5.96 billion.
Profit before interest, taxes, depreciation and amortization (EBITDA) amounted to AED2.43 billion, with an operational gain of AED838 million and a net gain of AED496 million.
The company also generated an effective record of operations of AED3.85 billion that resulted in the closure of cash and cash equivalents of AED8.17 billion, we are AED2.07 billion higher than the balance at the end of the year 2024.
“Dewa is committed to be an innovative and substantable corporation inspired by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, and The Directors of Hh Moskid Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan Binnan, Binnan ,, and Hhemda Bin Bin.
“With constant growth in the demand for electricity, water and cooling services, our income grew by 2.83%to AED5.96 billion in the quarter and, rather, our net cash flow of the operations grew to AED3.85 billion in the same Theah is 17.86%. Obtained from clean energy sources, above the original objective or 25%.
In the first quarter of 2025, Dewa generated a record of 10.50 TWH, reprimanding an increase of 2.83% during the same period in 2024. The duration of this clean quarter was 1.86 TOWH, contributing 17.7% to the general generation of energy.
Simultaneous, the production of not alkalized water in the quarter reached a large 35.61 record, showing an increase of 4.56%. Dewa increased its customer base due to an impression 11,614 client accounts duration in the quarter. In the last twelve months, which ended with the first quarter of 2025, the total number of customer accounts increased by 57,339, which represents an annual growth of 3.7%
For the first quarter of 2025, the installed generation capacity of the company’s system was 17,579 MW with 3,460 MW of this capacity from clean energy sources that refuse 20% of the energy combination.
By 2030, Dewa will add 240 MIGD of salination capacity, using the inverse seawater osmosis technology and the total non -alkalized capacity will reach 735 MIGD at that time.
Dewa commissioned two 132KV substations, and four hundred forty-one of 11-6.6 kV substations in the quarter.
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