Dubai Electricity and Water Authority PJSC reports a record AED 14.6 billion in revenue for the first half of 2025 – UAE

               * figures are rounded     

* figures are rounded

Dubai Electrical energy and Water Authority PJSC (ISIN: AED001801011) (Image: DEWA), the Emirate of Dubai’s unique electrical energy and water companies supplier, which is listed on the Dubai Monetary Market (DFM), immediately reported its first half 2025 consolidated monetary outcomes, recording first half income of AED 14.6 billion, EBITDA of AED 7.0 billion, working revenue of AED 3.7 billion, internet revenue of AED 2.9 billion and money from operations of AED 9.2 billion. 

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“DEWA is dedicated to be an revolutionary and sustainable company impressed by the imaginative and prescient of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Govt Council of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance. Underneath their steerage, we’re progressing in our journey in direction of Web Zero Carbon by 2050 and can proceed to play a decisive function in Dubai’s fast progress,” stated HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA.

“We’re proud to report DEWA’s strongest-ever monetary outcomes for each the 2nd quarter and first half of 2025 – a mirrored image of disciplined execution, rising demand, and our dedication to operational excellence. In H1 2025, we achieved AED 14.6 billion in income, AED 7.0 billion in EBITDA, and AED 2.9 billion in internet revenue – marking progress of 6.9%, 5.3%, and 13.2% respectively. Working money circulate reached a file AED 9.2 billion, up 61.3% year-on-year. Additionally, we authorised a dividend of AED 3.1 billion for H1, 2025, which is payable in October, 2025. So far we now have invested over AED 230 billion in state-of-the-art infrastructure. Our outcomes show the resilience of our mannequin and the flexibility to generate sturdy returns whereas advancing Dubai’s sustainable growth. Wanting forward, we count on constant worth creation for our stakeholders, supported by Dubai’s financial progress, our strong enterprise mannequin and our sector main operational benchmarks which are acknowledged to be No 1 globally.” added Al Tayer.

Monetary efficiency abstract

DEWA delivered a file monetary and operational efficiency for the six months ended 30 June 2025. Income rose by 6.9% year-on-year to AED 14.6 billion, pushed by continued progress in electrical energy and water demand, in addition to regular enlargement in district cooling by means of Empower. EBITDA elevated by 5.3% to AED 7.0 billion, supported by improved working efficiencies and efficient value management throughout core segments, highlighting the Group’s sturdy underlying profitability. Web revenue for the interval grew 13.2% to AED 2.90 billion, reflecting larger working revenue, and decline in internet finance prices by 15.45% in comparison with the identical interval within the earlier 12 months. 

Capital expenditure in the course of the interval totalled AED 4.6 billion, overlaying funding in technology capability, transmission networks and district cooling infrastructure. 

DEWA expects stronger income and revenue contribution within the second half of the 12 months, contemplating the seasonal sample of our enterprise. The Group stays centered on delivering long-term progress by means of strategic investments in clear vitality, digital infrastructure, and water desalination, in alignment with Dubai’s Inexperienced Economic system imaginative and prescient. 

DEWA continues to show monetary resilience, operational excellence, and constant worth creation for its stakeholders.

Working efficiency abstract

Within the second quarter of 2025, DEWA’s whole vitality technology Together with Vitality import from IPPs soared to a excessive of 16.9 TWh marking a ten.88% enhance from the 15.3 TWh recorded in the course of the second quarter of 2024. Notably, DEWA generated 3.3 TWh of unpolluted vitality in the course of the quarter. This clear vitality accounted for 19.46% of the full vitality generated in Q2, 2025. DEWA is dedicated to utilizing clear vitality to take care of a sustainable technology combine to fulfill the constantly rising demand. As well as, DEWA delivered 2.18 TWh from Hassyan energy plant and 11.46 TWh from its remaining technology portfolio in the course of the second quarter of 2025.  

DEWA skilled a 2.95% enhance in its quarterly peak energy demand in comparison with Q2, 2024, reaching 10.545 GW. The quarterly gross warmth charge of seven,693 BTU/kWh achieved, represents a stellar 7.01% enchancment over the identical interval from the earlier 12 months. Collectively, these achievements spotlight the corporate’s unwavering dedication to delivering operational excellence whereas going through very sturdy high line demand.

DEWA’s whole desalinated water manufacturing within the second quarter of 2025 grew by 9.55% in comparison with the earlier 12 months, reaching a file of 40.78 billion Imperial Gallons (BIG). The height each day desalinated water demand reached 475 MIG which is a 5.87% enhance over the identical interval of the earlier 12 months.

On the finish of the second quarter of 2025, DEWA served 1,292,487 buyer accounts, representing a 4.81% enhance in buyer accounts from the identical interval within the final 12 months. 

Choose quarterly highlights

Within the second quarter of 2025, DEWA commissioned two 132 kV substations, and 4 hundred and eighty three 11kV substations. By the tip of the primary half of 2025, the corporate’s system put in technology capability reached 17.979 GW with 3.860 GW of this capability representing renewable vitality. 

The corporate’s put in desalinated water manufacturing capability was 495 MIGD.

 By the tip of 2030, DEWA plans to have whole put in energy technology capability of twenty-two GW and 735 MIGD of desalinated water. Of this 22 GW, round 7.5 GW can be from renewable sources, representing 34% and out of 735 MIGD water manufacturing capability, 308 MIGD can be utilizing reverse osmosis know-how using renewable vitality.

Company Actions: Dividends & Dividend coverage

As per DEWA’s dividend coverage, the Firm expects to pay a minimal annual dividend of AED 6.2 billion within the first 5 years beginning October 2022. The dividends are paid semi-annually in April and October. On tenth April 2025, DEWA distributed AED 3.1 billion as dividend for H2, 2024 to its shareholders, based mostly on a file date of third April 2025. For H1, 2025, DEWA has sought and obtained approvals to distribute AED 3.1 billion to its shareholders based mostly on a file date of 17^th October, 2025.

 Audited Financials

DEWA’s audited financials may be discovered at DEWA’s web site: https://www.dewa.gov.ae/en/investor-relations or on DFM’s web site https://www.dfm.ae/en/issuers/listed-securities/securities/company-profile-page?id=DEWA

Contacts

About Dubai Electrical energy and Water Authority PJSC

DEWA was created in 1992 because of the merger of the Dubai Electrical energy Firm and the Dubai Water Division. DEWA is the unique electrical energy and water utility supplier in Dubai. DEWA was listed on the Dubai Monetary Market in April 2022. DEWA’s engaging enterprise profile, as seen by buyers, has led to the historic success of this public itemizing that attracted US$ 85 billion demand and 37 instances oversubscription. The Group generates, transmits and distributes electrical energy and potable water to finish customers all through Dubai. DEWA owns 56% of Empower, presently the world’s largest district cooling companies supplier by linked capability, and owns, manages, operates and maintains district cooling crops and affiliated distribution networks throughout Dubai. The Group additionally includes a number of different companies together with Mai Dubai, a producer and distributor of bottled water, Digital DEWA, a digital enterprise options firm, and Etihad ESCO, an organization centered on the event and implementation of vitality environment friendly options. To study extra, go to http://www.dewa.gov.ae

Cautionary statements related to forward-looking data

This information launch accommodates forward-looking statements regarding DEWA’s operations which are based mostly on administration’s present expectations, estimates and projections in regards to the vitality business and different related industries that DEWA operates in. Phrases or phrases equivalent to “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “tasks,” “believes,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “might,” “might,” “ought to,” “will,” “budgets,” “outlook,” “traits,” ”steerage,” “focus,” “on schedule,” “on observe,” “is slated,” “targets,” “targets,” “methods,” “alternatives,” and related expressions are meant to determine such forward-looking statements. These statements aren’t ensures of future efficiency and are topic to sure dangers, uncertainties and different components, a lot of that are past the corporate’s management and are tough to foretell. Due to this fact, precise outcomes and outcomes might differ materially from what’s expressed or forecasted in such forward-looking statements. The reader mustn’t place undue reliance on these forward-looking statements, which converse solely as of the date of this information launch. Until legally required, DEWA undertakes no obligation to replace publicly any forward-looking statements, whether or not because of new data, future occasions or in any other case.