Home
News
Utilities
TAQA' profits increases sharply

News Utilities

TAQA' profits increases sharply

By Energy Connects

Aug 11, 2021

image is Shutterstock 1013670679

TAQA reports an 86 percent annual rise in its second quarter net income.

Abu Dhabi National Energy Company (TAQA), owned by Abu Dhabi state-owned holding company ADQ, reported an 86 percent annual rise in its second quarter net income.

According to a statement, the company's net profit for the three months ending June 2021, rose to Dh1.42 billion (USD386.92 million).

Supported by income and distribution of utilities, the company's revenue rose to Dh11.8bn (USD 3.21 bn) from Dh1.4bn (USD 0.38 bn) in the previous year.

TAQA Utilities ADQ Abu Dhabi United Arab Emirates

KEEPING THE ENERGY INDUSTRY CONNECTED

Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.

By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.

JOIN THE CONVERSATION

More utilities news

BloomburgMedia_ST2A59T0G1KW00_18-03-2025_11-00-08_638778528000000000.jpg — Poland Seeks Big Energy Buyers as Partners in Next Nuclear Plant

BloomburgMedia_ST9AQET0G1KW00_17-03-2025_10-09-19_638777664000000000.jpg — European Gas Prices Slip Ahead of Trump-Putin Talks on Ceasefire

BloomburgMedia_ST28X6DWX2PS00_17-03-2025_06-10-33_638777664000000000.jpg — US Tariff Spat Fuels Trading Boom on Canada’s Top Exchange

BloomburgMedia_SOQRI1DWX2PS00_15-03-2025_11-00-09_638775936000000000.jpg — Ardian Is Said to Near €1 Billion Deal for Renewable Firm Akuo

BloomburgMedia_ST3GD4DWLU6800_14-03-2025_10-00-08_638775072000000000.jpg — Pakistan Cuts Solar Buyback Price After Chinese Panel Boom

Shutterstock 2150477749 — National Grid awards £59 billion HVDC supply chain contracts to boost UK energy infrastructure

BloomburgMedia_ST0Q94T1UM0W00_13-03-2025_08-08-58_638774208000000000.jpg — Trump Mounts Sweeping Attack on Pollution and Climate Rules

BloomburgMedia_SSZ1CEDWX2PS00_13-03-2025_11-00-07_638774208000000000.jpg — Chevron Contractors in Venezuela Carry On Despite Trump Deadline

BloomburgMedia_SSYVMHDWLU6800_12-03-2025_08-25-34_638773344000000000.jpg — GE Vernova CEO Sees Order Backlog Stretching Into 2028

BloomburgMedia_SSW25JT0G1KW00_10-03-2025_07-57-15_638771616000000000.jpg — Adani Energy Risks Slipping into Junk as Fitch Cuts Outlook

Watch/Listen

Thumb (18) — Fuel cell breakthroughs essential to improve energy efficiency

Thumb (17) — Accelerating the energy transition: ENGIE’s vision for a sustainable future in North Africa

Thumbnail Homepage — Driving sustainability: Cairn’s path to net zero by 2030

Podcast Thumbnail Robin Mills 510X300 — Navigating the new energy agenda in the US and beyond

Partner content

1964550357 7C0b5fe3b6cd40d7709589dafa45fcbe00eac809261375d1cff307e356442517 D 640 — Regulatory pressures and investor expectations are shaping sustainability in energy

1962363126 3E20404455519afe6333e334d681c66809ae35b412031a4fea724d246e31aa34 D 640 — Unlocking the potential of the region's sustainable energy future

Paul Ticehurst, Managing Director For Hycogen And FT Liquids, Johnson Matthey — Harnessing feedstock diversity for sustainable aviation fuel production

Setting New Standards In Diversified Maritime Solutions — Setting new standards in diversified maritime solutions

©2023 Energy Connects. All Rights Reserved

ABOUT US | CAREERS | PRIVACY POLICY | COOKIE POLICY | | CONTACT US

Member of

dmg events is an international exhibition and conference organiser, publisher and information provider to the Energy, Construction, Plastics, Coatings, Manufacturing, Transport, Design and Hospitality industries.

Back To Top