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Response Plus’ profits exceed AED 20m in H1-22 results

Response Plus’ profits exceed AED 20m in H1-22 results
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Abu Dhabi – Mubasher: Response Plus Holding has generated AED 20.60 million in net profit during the first half (H1) of 2022, higher than AED 12.50 million in H1-21.

The revenues jumped to AED 162.60 million H1-22, compared to AED 70.10 million in the year-ago period, while total assets amounted to AED 323.70 million in the first six months (6M) of 2022, according to the latest financial results.

The strong financial performance comes in line with Response Plus' growth plans to expand its footprints in Saudi Arabia, India, and Egypt.

Meanwhile, the company is developing an occupational health centre in Saudi Damman, in addition to establishing a training centre in Riyadh. Furthermore, it is operating remote site services in India, where it established a new subsidiary on 28 June 2022.

The firm, listed on the Abu Dhabi Securities Exchange (ADX), is also scaling up its services in the UAE markets by offering emergency medical services for presidential flights, management of SEHA Ambulance, and others.

CEO of Response Plus Holding, Tom Louis, said: “We remain excited on our growth prospects, with strong foundations laid down in the new geographies of KSA, India, and Egypt over the past 12 months, allowing us to scale up and achieve continued sustainable revenue and profit growth in the years to come.”