Response Plus Holding, the leading provider of pre-hospital care and emergency medical services in the UAE and KSA, has announced its interim financial results for the half-year ending June 30th, 2024. The company reported a significant increase in revenue, reaching DH209.88 million, a 24% rise from DH168.77 million in the same period of 2023. Net profit for the first half of 2024 stood at DH27.17 million, following taxation and costs related to the acquisition of Prometheus Medical International, amounting to DH3.4 million. The Earnings Per Share (EPS) improved to 0.14 from 0.13 in the first half of 2023. Total assets grew to DH351 million, up from DH298.18 million as of December 31st, 2023, while total equity increased to DH235.98 million from DH230 million at the end of 2023. The Board of Directors has also declared an interim cash dividend of DH15 million for shareholders.
Dr. Rohil Raghavan, CEO of Response Plus Holding PJSC, highlighted the company's dedication to cost optimization and enhanced productivity as key drivers of this growth. He expressed confidence in maintaining this momentum into the second half of 2024, bolstered by strategic partnerships and the acquisition of Prometheus Medical International, which aligns with RPM's expansion goals in the UK and Nordic regions. The acquisition leverages Prometheus' strengths in medical training and consultancy.
Response Plus Holding PJSC, which includes Response Plus Medical operating over 320 clinics in various sectors, continues to expand its services and presence, reinforcing its position as a leader in pre-hospital and emergency care.
