NMC Healthcare posts strong growth figures in 2013

February 26, 2014 | By RetailME Bureau

UAE-based integrated private healthcare operator NMC Healthcare delivered a strong performance in 2013 at both the group and divisional levels. Consolidated group revenues increased from $490.1 million in FY2012 to $550.9 million in FY2013, a growth of 12 .4%.

The group net profit reached $69.1 million in FY2013. Revenue in the healthcare division increased from $251.6 million in FY2012 to $289.3 million in FY2013, a growth of 15%. And within the distribution division, revenues increased from $271.1 million in FY2012 to $300.2 million in FY2013, a growth of 10.7%.

“A positive UAE macro environment, clear strategy and dedicated management efforts led to strong progress across both our business divisions last year. In the healthcare division we achieved increased patient numbers, occupancy levels and revenue per patient. Our distribution division continued to deliver excellent results, with positive growth across its increased range of products,” says Dr B.R. Shetty, CEO of NMC Healthcare. “Our expansion strategy in the healthcare division, through the addition of a total of three new hospitals and a medical centre in 2014 and 2015, has been reinforced by the strong population and economic growth seen in the UAE over the past year and the recent adoption of mandatory healthcare insurance in Dubai,” he adds.



Previous Article Next Article


UAE gears up to celebrate this year’s National Day celebrations in the 

Continue Reading

November 28, 2021 | By Zubina Ahmed

UAE-based Etisalat Group has signed an agreement with elGrocer, a leading online 

Continue Reading

November 18, 2021 | By RetailME Bureau

Amazon.ae announced that the 11.11 sale is back once again this year 

Continue Reading

November 8, 2021 | By RetailME Bureau

Abu Dhabi Cooperative Society’s COOP City store is now open in Lake 

Continue Reading

November 3, 2021 | By RetailME Bureau

Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

Download Images RetailME Magazine