Latest / DEWA Podcasts / Dubai Electricity and Water Authority PJSC announces record breaking revenue of AED 25 billion and operating profit of AED 8.3 billion for the first nine months ending Sept 2025
Transcript
- 0:00Dubai Electricity and Water Authority, PJSC announces
- 0:03record -breaking revenue of 25 billion Emirati
- 0:06dirhams and operating profit of 8 .3 billion
- 0:09Emirati dirhams for the first nine months ending
- 0:12September 2025. Delivers its strongest year -to
- 0:16-date financial performance in its history. The
- 0:19first nine -month revenue, EBITDA and net profit
- 0:22each exceeded the same period last year by 1
- 0:25.3 billion AED. The first nine -month cash from
- 0:29operations exceeded 15 billion AED, paid 3 .1
- 0:33billion AED as dividends to shareholders on 29
- 0:36October 2025. DUA is committed to be an innovative
- 0:40and sustainable corporation inspired by the vision
- 0:43of His Highness Sheikh Mohammed bin Rashid al
- 0:46-Maktoum, Vice President and Prime Minister of
- 0:49the UAE and Ruler of Dubai, and the directives
- 0:52of His Highness Sheikh Hamdan bin Mohammed bin
- 0:54Rashid al -Maktoum, Crown Prince of Dubai, Deputy
- 0:57Prime Minister, and Minister of Defense of the
- 0:59UAE and Chairman of the Executive Council of
- 1:02Dubai, and His Highness Sheikh Maktoum bin Mohammed
- 1:05bin Rashid al -Maktoum, First Deputy Ruler of
- 1:08Dubai, Deputy Prime Minister and Minister of
- 1:11Finance. Under their guidance and support, we
- 1:14are progressing in our journey to net zero by
- 1:162050 and will continue to play a decisive role
- 1:20in Dubai's rapid progress, said His Excellency
- 1:23Saeed Mohammed Al -Taya, Vice Chairman and Managing
- 1:26Director and CEO of Dewa. This is our strongest
- 1:30year -to -date performance in Dewa's history,
- 1:33with revenues growing to nearly 25 billion Emirati
- 1:36dirhams and operating profit exceeding 8 .3 billion
- 1:39Emirati dirhams for the first nine months. These
- 1:43results underscore the resilience of Dubai's
- 1:45utility model along with the disciplined execution
- 1:47of our strategy. As Dubai continues to grow,
- 1:51Dewa is scaling reliable, efficient, and future
- 1:54-ready systems from clean energy generation and
- 1:57water security to grid digitalization and intelligent
- 2:00storage. We are building infrastructure that
- 2:03is not only reliable and more efficient, but
- 2:05also smarter and more sustainable. With the strong
- 2:08momentum of the first three quarters, our expectation
- 2:11is that full -year 2025 financial results will
- 2:16exceed 2024 outcomes. Supported by robust demand
- 2:19fundamentals, our state -of -the -art infrastructure,
- 2:22and operational excellence. We will continue
- 2:25to invest in clean energy and digital transformation
- 2:28to reinforce Dubai's global leadership in the
- 2:31utility sector. In October 2025, we also paid
- 2:35a dividend of 3 .1 billion Emirati dirhams for
- 2:38H1 of 2025, added Al -Taya.