DEWA Achieves AED 2.9 Billion Net Profit In First Half Of 2025 Amid Growing Demand

Dubai Electricity and Water Authority PJSC (DEWA) has announced its financial results for the first half of 2025, showcasing impressive growth. The company reported a revenue of AED14.6 billion, an EBITDA of AED7.0 billion, and a net profit of AED2.9 billion. Operating cash flow reached AED9.2 billion, marking a significant increase from the previous year.

Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, expressed pride in the company's achievements, stating, "We are proud to report DEWA’s strongest-ever financial results for both the 2nd quarter and first half of 2025 - a reflection of disciplined execution, growing demand, and our commitment to operational excellence." He highlighted that revenue grew by 6.9%, EBITDA by 5.3%, and net profit by 13.2%. A dividend of AED3.1 billion was approved for H1 2025, payable in October.

In Q2 2025, DEWA's total energy generation reached 16.9 TWh, a rise from 15.3 TWh in Q2 2024. Clean energy contributed 3.3 TWh or 19.46% of this total. The company remains committed to sustainable energy solutions to meet increasing demand.

The Hassyan power plant contributed 2.18 TWh while other generation sources added 11.46 TWh during this period.

Water Production and Infrastructure Expansion

DEWA's desalinated water production hit a record high in Q2 2025 with a 9.55% increase over the previous year, reaching 40.78 billion Imperial Gallons (BIG). Peak daily demand for desalinated water rose by 5.87% to reach 475 MIG.

The company also expanded its infrastructure by commissioning two new 132 kV substations and four hundred eighty-three 11kV substations during Q2.

Customer Growth and Capacity Expansion

By the end of June 2025, DEWA served over 1.29 million customer accounts, marking a growth of 4.81% compared to the previous year.

The installed generation capacity at this time was recorded at 17.979 GW with renewable energy accounting for approximately 3.860 GW.

Al Tayer emphasized DEWA's resilience and ability to generate strong returns while supporting Dubai’s sustainable development goals through robust business models and global operational benchmarks.

DEWA's achievements underscore its dedication to operational excellence amid rising demand across sectors.

With inputs from WAM