Dubai Electricity and Water Authority (PJSC) (DEWA.AE)

AED 2.39

(-0.83%)

Market Cap (In AED)

119.5 Billion

Revenue (In AED)

29.17 Billion

Net Income (In AED)

7.7 Billion

Avg. Volume

12.04 Million

Currency
AED
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
2.2-2.86
PE
17.07
EPS
0.14
Beta Value
0.176
ISIN
AED001801011
CUSIP
-
CIK
-
Shares
50000000000.0
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Diversified Utilities
CEO
H.E Saeed Mohammed Ahmad Al Tayer
Employee Count
-
Website
https://www.dewa.gov.ae
Ipo Date
2022-06-15
Details
Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water. The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite. Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.