Image: Dubai Media Office
Dubai Electricity and Water Authority (DEWA) reported a record revenue of Dhs14.6bn for H1 2025, marking a 6.9 per cent increase year-on-year.
The company also announced a dividend payment of Dhs3.1bn, payable in October 2025.
The half-year financial results highlight strong growth across key metrics.
DEWA posted a profit after tax of Dhs2.9bn, up 13.2 per cent compared to the same period in 2024.
EBITDA reached Dhs7bn, reflecting a 5.3 per cent rise, while operating profit stood at Dhs3.7bn, increasing 12.6 per cent.
Operating cash flow surged 61.3 per cent to Dhs9.2bn.
DEWA’s Q2 highlights
In Q2 alone, DEWA recorded a profit after tax of Dhs2.4bn, up 25.8 per cent year-on-year, with revenues of Dhs8.6bn, an increase of 9.8 per cent.
EBITDA and operating profit grew 11.9 per cent and 24.8 per cent respectively.
DEWA currently serves 1,292,487 customer accounts, a 4.81 per cent increase over the same period last year.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “We are proud to report DEWA’s strongest-ever financial results for both the second quarter and first half of 2025 … Our record operating cash flow of Dhs9.2bn, up 61.3 per cent year-on-year, underscores the resilience of our business model.”
Al Tayer credited the leadership and vision of Dubai’s rulers and noted continued investments in state-of-the-art infrastructure totaling over Dhs230bn to date.
Looking ahead, DEWA expects stronger revenue and profit contributions in H1 2025, driven by seasonal demand and continued investments in clean energy, digital infrastructure, and water desalination in line with Dubai’s Green Economy vision
