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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Response Plus Holding of UAE posts net profit of $10.9m

Established in Abu Dhabi in 2015, Response Plus operates as an integral affiliate of VPS Healthcare.
  • Its revenue for the nine-month period climbed to 197.7 million dirhams from 2.1 million dirhams last year
  • As a result of revenue growth and improved margins, gross profit reached 60.1 million dirhams

Response Plus Holding, the UAE healthcare investment and management firm, has posted a net profit of $10.9 million during the first nine months of the year.

The company, which listed on the Abu Dhabi Securities Exchange (ADX) last month, said the turnaround followed major contracts it had signed with key clients in the UAE, including Abu Dhabi Health Services Co. (SEHA), Mafraq Hospital, Emirates Global Aluminium and Abu Dhabi Police.

Its revenue for the nine-month period climbed to 197.7 million dirhams from 2.1 million dirhams last year, showing a growth of 920 percent.

As a result of revenue growth and improved margins, gross profit reached 60.1 million dirhams, compared to a loss of 0.4 million over the comparable period of 2020.

Current assets also grew to 280 million dirhams as of September 30, 2021, compared to 5.6 million dirhams last December 31, 2020.

Established in Abu Dhabi in 2015, Response Plus operates as an integral affiliate of VPS Healthcare, one of the largest integrated private healthcare service providers in the Middle East.

It runs more than 260 site clinics, as well as the largest private fleet of ambulances in Abu Dhabi.