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Response Plus Holding turns to profitability in 9M

Response Plus Holding turns to profitability in 9M
The company generated revenues of AED 197.7 million
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-0.71% 4.18 -0.03

Abu Dhabi - Mubasher: Response Plus Holding, a provider of on-site healthcare management, reported net profits of AED 40.1 million during the first nine months of 2021, compared to net losses of AED 3.94 million in the year-ago period.

The company generated revenues of AED 197.7 million in the January-September period of 2021, up from AED 2.125 million in the year-ago period, according to a recent press release.

The earnings per share (EPS) settled at AED 0.20 in the first nine months of 2021, versus a loss per share of AED 0.02 in the corresponding period of 2020.

Commenting on the company's performance, the CEO of Response Plus Holdings, Major Tom Louis, said: "Our focus is to further boost the momentum for the last quarter of this year with confirmed contracts and businesses in the UAE, Saudi Arabia, Oman, and Ethiopia. Our India expansion plans for 2022 will further pave the way for sustained growth over the years to come."