Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) on Monday posted its condensed consolidated interim financial results for the first half of 2019.
GMPC’s net profit dropped to AED 23.11 million in H1-19 from AED 39.92 million in the year-ago period, according to a bourse statement.
The company’s revenue grew to AED 268.8 million in the six-month period ended 30 June from AED 237.30 million in H1-18.
Earnings per share stood at AED 0.029 during in H1-19, versus AED 0.052 in the prior-year period.
In the second quarter of 2019, the company has logged a net profit of AED 8.73 million, down from AED 19.80 million in Q2-18.
In May, GMPC reported an AED 12.1 million in net profits for Q1-19, down 32% from AED 17.8 million in Q1-18.
