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The Management Discussion & Analysis report for the period ending on 31 March 2024 was released by Alpha Dhabi Holding PJSC on 03 May 2024. The document, intended for investor relations, is identified by the DocuSign Envelope ID: 0093C2B7-EDB9-4C67-BC37-EA567211B17F.
The text is a review report and interim condensed consolidated financial statement of ALPHA DHA BI HOLDING PJSC for the three-month period ending on 31 March 2024. The information is unaudited.
The Board of Directors of RAK Properties will hold a meeting on Wednesday, 08/05/2024 at 2:30 PM at Anantara Hotels. The meeting will discuss and approve the interim financial statement for the three-month period ending on 31 March 2024, as well as discuss other administrative matters related to the company.
In Q1 2024, PureHealth reported a net profit of AED 491 million, a 124% increase from Q1 2023. The company's EBITDA also rose to AED 1.1 billion, a 2.3x increase from the previous year. This reflects improved operational efficiencies across all key segments. PureHealth's consolidated revenue increased by 52% to AED 6.1 billion, led by the Hospital and Other Related Services segment. The company completed the acquisition of Circle Health Group and Sheikh Shakhbout Medical City, significantly expanding its global presence. The firm's total assets increased to AED 47.3 billion, with a total cash balance of AED 8.0 billion. PureHealth's balance sheet reported a net cash balance of AED 4.4 billion as of 31 March 2024.