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Tabreed


NameTabreed
SectorUtilities - Other Utilities
TradingDFM
RIC CodeTABR.DU
LocationUAE


Profile and Background

National Central Cooling Company PJSC, also known as Tabreed, is a Public Joint Stock Company that was incorporated in 1998. The company's principal activities include constructing, owning, assembling, installing, operating and maintaining cooling and conditioning systems; in addition to distributing and selling chilled water for use in district cooling technologies.

Tabreed currently owns 13 plants with a capacity of 80,700 refrigeration tons. Furthermore, the company has the following subsidiaries and related entities: Gulf Energy Systems LLC (100%, UAE), Tabreed Ras Al Khaimah LLC (100%, UAE), Emirates Preinsulated Pipes Industries LLC (60%, UAE), Installation Integrity 2000 LLC (60%, UAE), BAC Balticare Gulf LLC (100%, UAE), Summit District Cooling Company (51%, UAE), Bahrain District Cooling Company (55%, Bahrain), Ian Banham and Associates (70%, UAE), and Qatar District Cooling Company (44.

5%, Qatar). In addition, Tabreed has other regional expansion plans that include Saudi Arabia, Kuwait, and Oman.

Shareholding Groups

IndividualsN/A
InstitutionsN/A
FloatingN/A
GovernmentN/A

Board Members (Listed in alphabetical order)

DirectorAhmed Ateeq Al Mazrouei
DirectorDany Safi
DirectorKhalifa Al Gobaisi
Vice ChairmanMohamed Khalfan Bin Kharbash
DirectorMohammed Aabdulbaki Mohammed
DirectorMohammed Darwish Al Qamzi
ChairmanMohammed Saif Al Mazrouei
DirectorNasser Khalifa Al Soweidi
DirectorObaid Ghanim Al Mutaiwei

Stock Performance

Tabreed Stock Performance



Market Information

StockUAE Index
Last ClosingAED 2.545063.31
YTD % -20.299% -0.29%
Weekly % -0.778% -1.92%
Year HighAED 3.465418.77
Year LowAED 2.214472.14
52 Week HighAED 3.465418.77
52 Week LowAED 2.183504.54
BETA0.8647
Outstanding Shares1,213,380,000
Market CapAED 3,081,985,200
Market Cap in $USD $839,092,077
% of UAE Market0.36%
% of Sector17.88%
Rank by Cap48

Key Figures in '000 AED

200520042003
Total Assets2,665,2061,660,5041,242,806
Shareholder's Equity556,164526,683
NIAT67,64731,58523,373
DividendsN/A25,00015,000

Financial Ratios

200520042003
Assets Growth60.51%33.61%9.82%
Earning Growth114.17%35.13%187.78%
ROaA3.13%2.18%1.97%
ROaE24.33%5.83%4.47%
No. Of Shares1,000,000,00050,000,00050,000,000
EPS0.070.630.47
EPS Growth114.17%35.13%187.78%
Payout RatioN/A79.15164.176

Valuation Ratios

Trailing
PE45.56
PB
DVPSN/A
Div YieldN/A
EV5,980,000.00
EV/Equity0.00




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