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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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.