Response Plus Holding, the biggest emergency medical services and pre-hospital care provider in the UAE and KSA, has announced its interim half-year results for the period ending June 30, 2024.
The group’s revenue increased by 24% year over year to DH209.88 million in the first half of 2024 from DH168.77 million in the same period in 2023. After deducting taxes and Prometheus Medical International acquisition-related expenses totalling DH3.4 million, RPM’s net profit for the first half of 2024 was DH27.17 million.
Earnings per Share (EPS) increased to 0.14 in the first half of 2024 compared to 0.13 in the first half of 2023. As of December 31, 2023, RPM’s total assets increased to DH351 million from DH298.18 million. As of June 30, 2024, the total equity was DH235.98 million, as opposed to DH230 million on December 31, 2023.
Additionally, the Board of Directors declared that interim cash dividends to shareholders would total DH15 million. Revenue and net profits rose in the first half of 2024 due to RPM’s dedication to cost optimization and improved productivity and efficiency throughout the company.
The Group’s strong performance during the first half of 2024 reflects its commitment to excellence and continued growth in the region and beyond,” stated Dr Rohil Raghavan, CEO of Response Plus Holding PJSC. RPM is looking to expand its services across various business verticals in the pre-hospital and emergency care sectors to ensure operational efficiencies.
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