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GMPC’s profits surpass AED 75m in 2023

GMPC’s profits surpass AED 75m in 2023
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GMPC
GMPC
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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 million in 2022, according to the financial results.

Basic earnings per share (EPS) edged up to AED 0.08 in 2023 from AED 0.05 a year earlier, while the total assets grew to AED 1.35 billion from AED 1.29 billion.

In the first nine months (9M) of 2023, GMPC witnessed 47.28% higher net profits at AED 47.86 million, compared to AED 32.50 million in 9M-22.