Burjeel Holdings has seen its first-half (H1) net profit ex-one-offs and taxes increase by 5.9% to AED238 million ($65 million) on the back of revenue growth and lower finance and amortisation costs.

 

In H1, the group reported a 10.4% growth in revenue to AED2.4 billion, a WAM report said.

 

Outpatient and inpatient revenue increased by AED137 million and AED82 million, respectively, the group said in a statement today.

 

Group earnings before interest, taxes, depreciation and amortisation (EBITDA) ex-one-offs increased by 2.2% to AED477 million, despite higher direct costs from continued investment in oncology to boost revenues as a result of growing patient uptake in the future. This was despite higher direct costs resulting from continued investment in oncology to boost revenue from future patient demand.--TradeArabia News Service