Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) recorded total net profits amounting to AED 32.29 million in the first half (H1) of 2023, an annual rise from AED 24.40 million.
GMPC generated revenues valued at AED 268.92 million as of 30 June 2023, up year-on-year (YoY) from AED 248.22 million, according to the interim consolidated financial statements.
In the first six months (6M) of 2023, the basic earnings per share (EPS) went up to AED 0.039 from AED 0.032 in H1-22.
Financial Results for Q2-23
The ADX-listed company achieved AED 15.59 million in net profit during the second quarter (Q2) of 2023, compared to AED 7.75 million in the year-ago period.
Revenues jumped to AED 132.97 million in Q2-23 from AED 123.50 million in Q2-22, while the basic EPS increased to AED 0.02 from AED 0.01.
During the January-March 2023 period, GMPC posted lower net profits attributable to the owners at AED 13.21 million, compared to AED 15.15 million in Q1-22.
