DEWA reports Dh11.1b net profit for 2022
By Saifur Rahman Dubai emirate’s state-owned utility, Dubai Electricity and Water Authority (DEWA), reported a Dh11.1 billion standalone net profit that includes the sales proceeds of its shares in district cooling subsidiary Empower. DEWA reported a 22 percent growth in consolidated net profit of Dh8 billion on Dh27.4 billion annual turnover, which was 15 percent higher when compared to 2021. This is the first time DEWA, which […]