Dubai – Mubasher: The National Central Cooling Co (Tabreed) posted a 19% rise year-on-year in its profits during the first quarter of 2017, according to a bourse filing.
Profits reached AED 75.45 million ($75.45 million) in Q1-17, compared to AED 63.4 million ($18 million) in Q1-16.
Revenues rose 5.8% to reach AED 270.16 million in Q1-17, compared to AED 255.48 million in Q1-16.
