Emirates Central Cooling Systems Corporation PJSC (EMPOWER) is a Utilities company listed on the DFM stock exchange in the United Arab Emirates.
Empower was established on 23 November 2003 as a corporate entity pursuant to Dubai Law No. (10) of 2003 (“Law No. 10”) and amended by Dubai Law No. (3) of 2010 (“Law No. 3”) and commenced commercial operations on 15 February 2004.<br><br>On 14 October 2022, pursuant to Law No. 22 of 2022 (which repealed Decree No. 10 and any other legislation to the extent that it contradicts with its provisions) (“Law No. 22”), the Company was established in its current form, as a public joint stock company to succeed Emirates Central Cooling Systems Corporation. <br><br>Company's Activities are detailed in AOA and Listing Prospectus.
Current stock price: AED 1.60 (-0.62% today). Market capitalization: AED 16,000. P/E ratio: 4.4.
Financial performance (2026): Revenue AED 3,395.28, Net Income AED 932.07.
Dividends: Annual yield 5.47%, Annual dividend AED 0.087 per share. Consecutive years of dividends: 3.
Explore more: Utilities stocks | All DFM stocks | Stock screener
