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Emirates Central Cooling Systems Corporation Pjsc (United Arab Emirates)

Main Activities: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
Full name: Emirates Central Cooling Systems Corporation Pjsc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Emirates Central Cooling Systems Corporation (Empower) was established on 23 November 2003 and commenced commercial operations on 15 February 2004. On 14 October 2022, the company was established in its current form, as a public joint stock company (PJSC) to succeed Emirates Central Cooling Systems Corporation. Since its inception, Empower has promoted the implementation of district cooling technology in the United Arab Emirates, leading the market in deploying a more sustainable method to cool buildings. Empower serves more than 110,000 corporate and individual customers in more than 1,400 buildings with a connected capacity of approximately 1.4 million refrigeration tons (RT) and a contracted capacity of approximately 1.5 million RT.

Headquarters
Al Hudaiba Awards Building,Block-A, 8Th Floor, Opposite Etihad Museum Jumeirah Beach Road, 2Nd December Street, Po Box 8081
Dubai; Northern Emirates;

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Website: http://www.empower.ae

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
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Chief Operating Officer
Ownership Details
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56%
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24%
Subsidiaries
Dxb Coolco Fzco
Empor Engineering Consultancy Llc
Empower Fm Llc
Company Performance
Financial values in the chart are available after Emirates Central Cooling Systems Corporation Pjsc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net sales revenue
8.79%
Total operating revenue
9.03%
Operating profit (EBIT)
9.36%
EBITDA
5.21%
Net Profit (Loss) for the Period
-1.11%
Total assets
9.94%
Total equity
9.87%
Operating Profit Margin (ROS)
0.21%
Net Profit Margin
-3.08%
Return on Equity (ROE)
-0.6%
Debt to Equity Ratio
8.5%
Quick Ratio
-0.03%
Cash Ratio
-0.06%

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