Tabreed's Board to Review Q3 Financials

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National Central Cooling Co. (Tabreed) announces a board meeting to discuss Q3 financials, highlighting its strategic position in the GCC's cooling market.

Tabreed's Board to Review Q3 Financials

Summary

Tabreed's board will convene to review Q3 2024 financial results, reflecting on its strategic role in the GCC's cooling sector. The decision could impact stakeholder actions.

National Central Cooling Co. PJSC, commonly known as Tabreed, has announced a forthcoming board meeting to discuss its financial results for the third quarter ending September 30, 2024. This meeting, scheduled for November 14, 2024, is in line with the company's commitment to transparency and adherence to the Disclosure and Transparency Regulations.

Tabreed, a leading provider of district cooling solutions in the GCC, has been pivotal in supporting the region's infrastructure with its energy-efficient and environmentally-friendly cooling systems. Operating over 83 plants, Tabreed delivers more than a million Refrigeration Tons (RT) to various projects, underscoring its significant market presence.

The board meeting is a critical event, as it will provide insights into the company's financial health and performance amidst a challenging economic environment. Investors and stakeholders are keenly observing how Tabreed navigates these conditions, given the increasing demand for sustainable cooling solutions in the region.

Historically, Tabreed has demonstrated resilience and adaptability, leveraging its strategic partnerships and innovative technologies to maintain its market leadership. The upcoming financial results will likely reflect the company's operational efficiency and strategic initiatives aimed at expansion and sustainability.

For investors, this board meeting represents a crucial juncture. The third-quarter results will not only highlight Tabreed's financial performance but also indicate potential future growth trajectories. Given the company's robust infrastructure and strategic positioning, stakeholders are advised to hold their positions until further clarity is provided post-meeting.

In conclusion, Tabreed's commitment to transparency and its strategic role in the GCC's cooling sector make it a company to watch. As the board reviews the Q3 2024 financials, the outcomes could significantly influence investor sentiment and market dynamics.

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Source

Board Decisions by Passing

Summary

The document is a notification addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding a decision by the Board of Directors of the National Central Cooling Company PJSC. According to Article 36/11 of the Disclosure and Transparency Regulations, a Circular Resolution concerning the company's financial results for the third quarter ending on September 30, 2024, will be distributed at 1:00 pm on November 14, 2024. The notification is signed by Sean Magee, the Company Secretary.

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