Gulf Medical Projects PSC (GMPC) News - Mubasher Info
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Gulf Medical Projects PSC (GMPC)

Last update: 16 April 11:14 AM market time.
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Open 1.80
Previous Close 1.80
High 1.80
Low 1.80
Stock Statistics
Volume 552
Turnover 993.60
All data are 15 minutes late during market session

News

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7 March 03:46 PM GMPC’s shareholders approve AED 70m dividends for 2023
Abu Dhabi – Mubasher: The general assembly meeting of Gulf Medical Projects Company (GMPC) approved the distribution of cash dividends of AED 69.89 million, or AED 0.10 per share, for 2023. Eligibility will be for shareholders until 14 March who …
Photo Archive
15 February 04:00 PM GMPC’s profits surpass AED 75m in 2023
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) registered total net profits valued at AED 75.22 million in 2023, up year-on-year (YoY) from AED 43.52 million. Revenues amounted to AED 569.63 million last year, higher than AED 503.83 …
Photo Archive
13 November 2023 04:21 PM GMPC records 47% higher net profits in 9M-23
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) logged net profits valued at AED 47.86 million in the first nine months (9M) of 2023, higher by 47.28% than AED 32.50 million in 9M-22. The revenues surged by 10.35% to AED 407.66 million …
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16 August 2023 04:26 PM GMPC’s profits surpass AED 32m in H1-23
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) recorded total net profits amounting to AED 32.29 million in the first half (H1) of 2023, an annual rise from AED 24.40 million. GMPC generated revenues valued at AED 268.92 million as of …
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18 May 2023 08:54 AM GMPC sees lower profits in Q1-23 initial financials
Abu Dhabi – Mubasher: The net profits attributable to the owners of Gulf Medical Projects Company (GMPC) hit AED 13.21 million in the first quarter (Q1) of 2023, an annual drop from AED 15.15 million. The revenues jumped to AED 135.95 million in …
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2 March 2023 01:04 PM GMPC to disburse AED 70m dividends for 2022
Abu Dhabi – Mubasher: The shareholders of Gulf Medical Projects Company (GMPC) approved the board’s recommendation to pay out AED 69.89 million as cash dividends for 2022. The UAE-based firm will disburse a dividend of 10 fils per share, …
The OGM has approved distributing AED 0.10 per share
19 March 2020 01:46 PM GMPC’s shareholders give nod to 10% dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Gulf Medical Projects Company (GMPC) has agreed on distributing cash dividends at a total value of AED 69.891 million for fiscal year (FY) 2019. The distribution of cash dividends at 10 …
Profits reached AED 31.695 million in the third quarter of 2019
12 November 2019 10:44 AM Gulf Medical's profit down 27% in Q3
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) recorded a 26.92% decline in net profit during the third quarter (Q3) of 2019, as shown by the company's financial statements Profits reached AED 31.695 million, compared with AED 43.371 …
GMPC’s net profit dropped to AED 23.11 million in H1-19
5 August 2019 02:12 PM GMPC announces H1 consolidated interim financial results
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) on Monday posted its condensed consolidated interim financial results for the first half of 2019. GMPC’s net profit dropped to AED 23.11 million in H1-19 from AED 39.92 million in the …
GMPC’s net profit went down to AED 12.1 million in Q1-19
15 May 2019 08:49 PM GMPC records profit decline in Q1
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) on Wednesday posted a 32% year-on-year profit decline in the first quarter of 2019. GMPC’s net profit went down to AED 12.1 million in Q1-19, compared to AED 17.8 million in the year-ago …
The medical company’s revenues rose 10.8% to AED 485.51 million in 2018
14 February 2019 01:52 PM Gulf Medical reports 91.6% profit drop in 2018
Abu Dhabi – Mubasher: Gulf Medical Projects Company (GMPC) on Thursday posted a 91.66% year-on-year profit decline for the full-year 2018. Net profits amounted to AED 119.65 million in 2018, compared to AED 1.43 billion in 2017, according to the …
Profits jumped to 1.429 billion ($388.97 million) in Q3-17, from AED 106.84 million ($29.08 million) in Q3-16, according to a bourse filing
7 November 2017 10:00 AM Gulf Medical Projects’ profits skyrocket 1,237% in Q3
Abu Dhabi – Mubasher: Gulf Medical Projects Company on Tuesday stated that its profits surged 1,237% in the third quarter of 2017, compared to the year-ago period. Profits reached AED 1.429 billion ($388.97 million) in Q3-17, compared to AED …
Gulf Medical Projects' profits rose 1450% to AED 1.43 billion in Q2-17
31 July 2017 11:09 AM Gulf Medical Projects posts lower profits in Q2
Abu Dhabi – Mubasher: Gulf Medical Projects Company posted a drop in profits for the second quarter of 2017, according to a bourse statement. Profits reached AED 4.12 million ($1.12 million) in Q2-17, compared to AED 43.49 million ($44.84 million) …
(Photo Credit: Company Website)
14 May 2017 03:05 PM Gulf Medical Projects nods to 200% interim dividends
Abu Dhabi – Mubasher: Gulf Medical Projects Company said its board approved 200% interim cash dividends, according to a statement. The board approved the dividends following the announcement of positive results for the first quarter of 2017. …
(Photo Credit: Arabianeye - Reuters)
14 May 2017 02:36 PM Gulf Medical Projects profits surge in Q1
Abu Dhabi – Mubasher: Gulf Medical Projects Company reported a 2,665% year-on-year increase in the first quarter of 2017, according to a bourse statement. Profits reached AED 1.43 billion ($389.4 million) in Q1-17, compared to AED 51.72 million …
(Photo credit: Arabianeye - Reuters)
12 May 2017 03:54 PM ADX posts AED 1bn liquidity in week
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a negative performance in the week ended 11 May, amid higher trades. The general index fell 0.19% or 8.88 points to reach 4,608.28 points. Turnover amounted to AED 1.15 billion this …
(Photo Credit: Company website)
30 March 2017 03:18 PM Gulf Medical approves dividends at 5 fils/shr
Abu Dhabi - Mubasher: The ordinary general meeting (OGM) of Gulf Medical Projects Company approved distributing cash dividends of 5% of its capital or 5 fils per share, with a total value of AED 35 million for 2016, according to a statement. The …
Al Zahra Private Hospital Company (Photo credit: Mubasher archive)
27 March 2017 02:48 PM Gulf Medical Projects sells Al Zahra Hospital for AED 2.06bn
Abu Dhabi - Mubasher: Gulf Medical Projects Company (GMPC) announced that it completed the sale of Al Zahra Private Hospital Company and property in Sharjah. The sale was executed for AED 2.06 billion ($560 million), according to a statement to …
Al Zahra’s assets represent 22% of those of Gulf Medical Projects (Photo Credit: Company Website)
15 March 2017 02:25 PM Gulf Medical Projects expects profits from hospital sale
Abu Dhabi – Mubasher: Gulf Medical Projects is likely to generate AED 1.6 billion to AED 1.67 billion in profits from the sale of its Al Zahra Private Hospital, according to a statement. Al Zahra’s assets represent 22% of those of Gulf Medical …
Gulf Medical's capital amounts to AED 700 million (Photo Credit: Arabianeye-Reuters)
9 March 2017 02:06 PM Gulf Medical Projects nods to annual dividends
Abu Dhabi – Mubasher: Gulf Medical Projects said its board gave the go-ahead to 5% cash dividends or 5 fils per share for fiscal year 2016, according to a bourse statement. Total approved dividend payout amounts to AED 35 million for FY16. The …
Profits reached AED 33 million ($9 million) in Q4-16 (Photo Credit: Mubasher)
13 February 2017 02:48 PM Gulf Medical Projects profits up in Q4
Abu Dhabi – Mubasher: Gulf Medical Projects reported a 39% decline in its profits during the fourth quarter of 2016, according to a bourse filing. Profits reached AED 33 million ($9 million) in Q4-16, compared to AED 54 million ($14.7 million) in …
Gulf Medical Projects approves selling Al Zahra Hospital
9 January 2017 07:43 AM Gulf Medical Projects approves selling Al Zahra Hospital
Abu Dhabi – Mubasher: Gulf Medical Projects said its general meeting gave go ahead to disposing or selling Al Zahra Hospital. Earlier, UAE - based NMC Health plc. said it plans to acquire Al Zahra Hospital in Sharjah from Gulf Medical Projects Co. …
The stock reached AED 3.19 by 10:50am UAE time (Photo Credit: Arabianeye-Reuters)
29 December 2016 10:01 AM Gulf Medical Projects stock hits highest level in 7 yrs
By: Mahmoud Gamal  Dubai – Mubasher: The stock of Gulf Medical Projects has leaped by 7.05% to reach its highest level since 22 June, 2009. The stock reached AED 3.19 by 10:50am UAE time, with liquidity reaching nearly AED 62,700 after 20,000 …
Gulf Medical Projects to hold general meeting to discuss selling Al Zahra Hospital
20 December 2016 02:20 PM Gulf Medical Projects to hold general meeting to discuss selling Al Zahra Hospital
Abu Dhabi – Mubasher: Gulf Medical Projects said it will hold general meeting on 8 January 2016 to tackle the probability of disposing or selling Al Zahra Hospital. Earlier, UAE - based NMC Health plc. said it plans to acquire Al Zahra Hospital in …
NMC Health tackles acquiring Al Zahra Hospital for $560m
14 December 2016 01:57 PM NMC Health tackles acquiring Al Zahra Hospital for $560m
Abu Dhabi - Mubasher: UAE - based  NMC Health plc. said it plans to acquire Al Zahra Hospital in Sharjah from Gulf Medical Projects Co. for AED 2,058 million ($560 million). The acquisition move is subject to the shareholder approval, said a press …