Press releases, Reports & Disclosures for National Central Cooling Co.

On December 5, 2024, the Board of Directors of the National Central Cooling Company PJSC, also known as Tabreed, held a meeting to discuss the company's business and operational matters. This meeting was conducted in accordance with the amended Disclosure and Transparency Regulations. The notification is addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The communication is signed by Sean Magee, the Board Secretary.

The text is a formal notification regarding an upcoming board meeting for the National Central Cooling Company (PJSC). The meeting is scheduled for 6:00 PM on December 5, 2024, and will focus on discussing the company's business and operations. This notification is in accordance with Article 36/11 of the Disclosure and Transparency Regulations from the year 2000, as amended. The letter is 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. It is signed by Sean Magee, the Company Secretary.

The text is a formal communication addressed to H.E. Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, both located in the UAE. It concerns the results of a board meeting of the National Central Cooling Company (PJSC), also known as "Tabreed," held on November 19, 2024. The meeting focused on discussing the company's business and operational matters. The letter references specific articles of the Disclosure and Transparency Regulations and is signed by Sean Magee, the Board Secretary.

On 15 November 2024, Tabreed held an earnings call at 3 PM to discuss its financial results for the period ending 30 September 2024. The documents related to the earnings call are available on the company's website under the Investor Relations section. The communication was addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The message was signed by Sean Magee, Company Secretary.

Tabreed, a leading district cooling company based in the UAE, reported its financial results for the first nine months of 2024, showing increased revenues and strengthened EBITDA. The company experienced a 6% rise in consumption volumes, resulting in a 4% increase in net profit before tax to AED 462 million. Group revenue rose to AED 1.85 billion, driven by higher consumption and the addition of 29,000 Refrigeration Tons (RT) of new connections over the past year. EBITDA increased to AED 933 million, maintaining a stable margin of 50%. Tabreed expanded its customer base with new connections in the UAE, India, Egypt, and Oman, including 12,444 RT added in the third quarter. The company generated strong cash flows, with free cash flows of AED 912 million over the past year, and reduced its debt by 12%, resulting in a net debt to EBITDA ratio of 4.0x. Tabreed remains committed to maintaining its 'investment grade' credit rating. In the third quarter, Tabreed actively promoted district cooling, participating in the Asia Urban Energy Assembly in Bangkok, aligning with its expansion strategy in Southeast Asia.

The document is a review report and interim condensed consolidated financial statements for the National Central Cooling Company PJSC, covering the nine-month period ending on September 30, 2024.

The document is a notification dated 14 November 2024, addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It informs them of a Circular Resolution passed by the Board of Directors of the National Central Cooling Company PJSC ("Tabreed"). The resolution approves the company's unaudited interim accounts for the period ending 30 September 2024 and the release of these accounts along with a press release to the Securities & Commodities Authority and the Dubai Financial Market. The notification is signed by Sean Magee, the Company Secretary.

The text is a notification addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It informs them of an upcoming Board of Directors meeting for the National Central Cooling Company (PJSC) scheduled for 3:00 PM on 19 November 2024. The meeting aims to discuss the business and operations of the company, in accordance with Article 36/11 of the Disclosure and Transparency Regulations. The notification is signed by Sean Magee, the Company Secretary.

The National Central Cooling Company (Tabreed) will hold an earnings call on 15 November 2024 at 3:00 PM to discuss the financial results for the period ending 30 September 2024. This information was communicated by Sean Magee, the Company Secretary.

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.