UAE healthcare firm NMC Health's first-half net profit up 17 pct | Reuters:
"* NMC net profit $32.3 mln vs $27.5 mln year earlier -CFO
* Spent $29 mln on new projects in first half, $120 mln capex planned for year
Aug 20 (Reuters) - NMC Health Plc, the United Arab Emirates healthcare provider posted a 17.4 percent rise in first-half net profit helped by higher occupancy levels, its chief financial officer said on Tuesday.
NMC, which floated on the London market in April last year, made a net profit of $32.3 million in the first six months of this year compared to $27.5 million in the year-ago period.
"The number of patient flows and higher occupancy levels at our hospitals helped our business," Prasanth Manghat told Reuters by telephone."
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