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Amanat Holdings profit up 7%

On an adjusted basis, excluding prior year gain on sale of and trading results from divested entities, total income increased by 17 percent. (WAM)
By TRENDS Desk
August 4, 2022 10:25 pm
  • This income is on an adjusted basis, excluding the prior year's gain on sale and trading results from divested entities.
  • In H1 2022, Amanat's healthcare platform continued to record strong year-on-year growth.

Amanat Holdings registered an adjusted net profit of AED 67.4 million ($18.35m) in H1 2022, marking a 7 percent increase in comparison to H1 2021.

It recorded an income of AED96.7 million ($26.33m), an increase of 14 percent on the AED85.1 million($23.17m) recorded in H1 2021.

This income is on an adjusted basis, excluding the prior year’s gain on sale and trading results from divested entities.

In H1 2022, Amanat’s healthcare platform continued to record strong year-on-year growth.

It delivered an income of AED27.3 million compared with AED16.0 million in H1 2021, an increase of 71 percent year-on-year.

 

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