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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Response Plus Holding PrJSC
Disclosures: Response Plus Holding PrJSC General Press Release

Response Plus Holding PJSC (ADX: RPM), the UAE and KSA's largest pre-hospital care and emergency medical services provider, reported a 24% increase in revenue to AED 209.88 million in the first half of 2024. Net profit for this period was AED 27.17 million, with total assets rising 17% to AED 351 million. The group's Earnings Per Share (EPS) increased from 0.13 to 0.14. The Board announced AED 15 million in interim cash dividends to shareholders. CEO Dr. Rohil Raghavan attributed the growth to cost optimization and increased efficiency. In April 2024, RPM acquired Prometheus Medical International, enhancing its global expansion strategy. RPM operates over 320 clinics and includes subsidiaries such as OccuMed Clinic, RPM Medical Manpower Supply, and Health Tech Training Center.

1. Disclosures: Response Plus Holding PrJSC General Press Release

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From FOODCO NATIONAL FOODSTUFF PrJSC
Disclosures: FOODCO NATIONAL FOODSTUFF PrJSC Board Meeting Results held on 12/08/2024 at 15:30

Foodco National Foodstuff Co PJSC held a Board of Directors meeting on 12/08/2024 via Microsoft Teams from 3:30 PM to 4:30 PM with full quorum and five board members present. The meeting approved the previous minutes and discussed and approved the financial statement for the period ending 30/06/2024, noting a net loss of AED 0.612 million compared to a net loss of AED 10.426 million for the same period in 2023. The meeting's results were documented by Board Secretary Taysir Mokashfi.

1. Disclosures: FOODCO NATIONAL FOODSTUFF PrJSC Board Meeting Results held on 12/08/2024 at 15:30

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From E7 Group PJSC
Disclosures: E7 Group PJSC Press Release on the Financial Results for the Period Ended June 30,2024

E7 Group PJSC reported significant financial growth for the first half of 2024, with a net profit increase of 93% and EBITDA growth of 4%. In Q2 2024, the company achieved a 126% rise in net profit and a 31% increase in EBITDA, driven by securing key contracts across all business segments. The Group's revenue for Q2 2024 grew by 10% year-on-year to AED 174.8 million, contributing to a 5% year-on-year growth for H1 2024. EBITDA for Q2 2024 was AED 51.9 million, reflecting a 31% year-on-year improvement and an EBITDA margin increase to 30%. The company secured new contracts worth AED 285.3 million in H1 2024 and maintained strong cash and bank balances of AED 1.28 billion. E7 Group's segments in printing, security, packaging, and distribution continued to expand their market presence and execute strategic initiatives.

1. Disclosures: E7 Group PJSC Press Release on the Financial Results for the Period Ended June 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Americana Restaurants International PLC
Disclosures: First Buy Back of Shares by Americana Restaurants International PLC

Americana Restaurants International PLC, registered in Abu Dhabi, UAE, announced the completion of a share buyback transaction. The company, listed on the Abu Dhabi Securities Exchange (ADX) under the trading code AMR, received ADX approval for the buyback on May 9, 2024, and AGM approval on April 24, 2024. On August 12, 2024, the company bought back 1,250,000 shares at a weighted average purchase price of AED 2.685 per share through International Securities LLC. To date, 1,250,000 shares have been repurchased, with 23,750,000 shares remaining intended for purchase. The announcement was authorized by Saqib Muhammad Sabir Awan, the Authorized Signatory and Secretary of the Board.

1. Disclosures: First Buy Back of Shares by Americana Restaurants International PLC

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From E7 Group PJSC
Disclosures: E7 Group PJSC Financial Results for the Period Ended June 30,2024

1. Disclosures: E7 Group PJSC Financial Results for the Period Ended June 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Response Plus Holding PrJSC
Disclosures: Response Plus Holding PrJSC Financial Results Summary for the Period Ended June 30,2024

1. Disclosures: Response Plus Holding PrJSC Financial Results Summary for the Period Ended June 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Buhaira National Insurance Company
Disclosures: Al Buhaira National Insurance Company Board Meeting Results held on 12/08/2024 at 11:00

1. Disclosures: Al Buhaira National Insurance Company Board Meeting Results held on 12/08/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Union Insurance Company
Disclosures: Union Insurance Company Board Meeting Results held on 12/08/2024 at 12:00

1. Disclosures: Union Insurance Company Board Meeting Results held on 12/08/2024 at 12:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Gulf Cement Co.
Disclosures: Gulf Cement Co. Financial Results for the Period Ended June 30,2024

1. Disclosures: Gulf Cement Co. Financial Results for the Period Ended June 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Gulf Cement Co.
Disclosures: Gulf Cement Co. Management Discussion and Analysis Report for the Period Ended June 30,2024

1. Disclosures: Gulf Cement Co. Management Discussion and Analysis Report for the Period Ended June 30,2024

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