Tabreed post a cool third quarter profit

UAE-based district cooling providers, Tabreed, has posted an increase of 17.2% in third-quarter profit compared to last year.

UAE-based district cooling providers, Tabreed, has posted an increase of 17.2% in third-quarter profit compared to last year.

According to the company, this years profit has increased to US $30.2 million (AED 20.8 million) compared to $25.7million over the same period in 2006.

The company, which has operations in six countries, generated revenues of $237 million - an increase of 49% over the third quarter of 2006.

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