Wednesday 29 August 2012

UAE healthcare firm NMC's net profit jumps 21 pct | Reuters

NMC Health, the United Arab Emirates healthcare provider which floated on the London market in April, posted a 21 percent rise in first-half net profit on higher revenues from its core business.

NMC made a net profit of $27.5 million in the first six months, chief financial officer Prasanth Manghat told Reuters by telephone on Wednesday.

"The contribution of the healthcare business on overall revenues helped increase our profit," he said.

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