Dubai – Mubasher: Dubai Electricity and Water Authority (DEWA) achieved a consolidated net profit worth AED 9.09 billion in 2025, marking a 25.66% growth compared to AED 7.23 billion in 2024.
The earnings per share (EPS) edged up to AED 0.16 in 2025 from AED 0.14 in the previous year, according to the consolidated financial statement.
DEWA generated higher consolidated revenue of AED 32.84 billion during the January-December 2025 period when compared with AED 30.97 billion in the year-ago 12 months.
The consolidated total assets of DEWA jumped to AED 195.28 billion as of 31 December 2025 from AED 184.75 billion at the end of 2024.
DEWA Standalone Preliminary Results
As for the non-consolidated business, DEWA recorded a net profit of AED 8.61 billion in 2025 compared with AED 8.01 billion in 2024.
The standalone total revenue soared to AED 29.95 billion in 2025 from AED 28.74 billion in the previous year.
The EPS went up to AED 0.17 from AED 0.16, while the non-consolidated total assets surged to AED 156.58 billion in 2025 from AED 149.96 billion in 2024.
Saeed Mohammed Al Tayer, the CEO and Managing Director of DEWA, said: “For the year 2025, DEWA delivered the strongest financial and operational performance in its history, reflecting the resilience of our business model, disciplined execution of our strategy, and sustained growth in demand across Dubai.”
Al Tayer added that record revenue, EBITDA of AED 17.37 billion, and profit after tax “were supported by the highest levels of power generation, clean energy production, desalinated water output and peak demand ever achieved by the group, while maintaining globally benchmarked efficiency and reliability.”
The CEO noted: “Sustainability remains central to our strategy, with clean power generation exceeding 10 TWh for the first time, reinforcing our progress toward the UAE’s Net Zero 2050 vision.”
Al Tayer concluded: “With profit after tax covering our annual dividend of AED 6.20 billion by approximately 1.46 times, DEWA continues to offer a well-covered and resilient dividend profile.”
Dividends Policy
As per DEWA’s dividend policy, the company expects to pay a minimum annual dividend of AED 6.20 billion in the first five years starting October 2022.
The dividends are paid semi-annually in April and October. For the first half (H1) of 2025, DEWA received approvals to distribute AED 3.10 billion to its shareholders based on a record date of 17 October 2025, and paid these dividends on 29 October 2025.
For H2-25, DEWA expects to pay dividends in around April 2026, subject to approval by DEWA’s shareholders at the annual general assembly.
Meanwhile, the issuance of invitations to DEWA’s upcoming annual general assembly is subject to approval by the Capital Markets Authority of the UAE.
In the first nine months (9M) of 2025, DEWA registered net profits worth AED 6.83 billion and revenue of AED 24.91 billion.
