ADX-listed Burjeel Holdings reports 5.9% rise in H1 2024 net profit to AED238mn

UAE healthcare major sees outpatient revenue jump AED137mn and inpatient up AED82n in H1

UAE healthcare major Burjeel Holdings reported a 5.9 percent rise in its net profit to AED 238 million in the first half of 2024.

The growth in net profit, ex-one-offs and taxes, was due to the revenue growth and lower finance and amortisation costs, the group said.

Burjeel Holdings, listed on ADX, also reported a 10.4 percent rise in revenue to AED 2.4 billion for the first half of 2024.

Outpatient and inpatient revenue increased by AED 137 million and AED 82 million, respectively. The group said the rise in revenue growth in the first six months of the year was despite higher direct costs resulting from continued investment in oncology to boost revenue from future patient demand.