26 Apr 2010
(MENAFN) Abu Dhabi-based Central Cooling Co. (Tabreed) announced that its net income has jumped to $11 million in the first quarter of 2010, up from $2.9 million in the same period of 2009, Bloomberg reported.
The refrigeration company said in a statement to the Dubai Financial Market that its first-quarter revenue declined to $50.2 million from $51.6 million.
On March 8, the company said it is seeking approval from shareholders to renegotiate terms on a $200 million floating-rate note and the local currency- denominated convertible sukuk.
Tabreed is among Gulf Arab companies seeking to restructure debt after the global economic crisis dried up financing and brought a property boom to a halt.
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BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year
14 Nov 2022
As part of its 50th Anniversary celebrations BBK continues to settle a total of 50 loans worth BD 5,000 each
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year
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