UAE-based private healthcare provider NMC recorded a 16.7 percent increase in net profit during 2012, to US$160.3m.
The company, which listed on the London Stock Exchange in April last year, released its full-year financial report on Tuesday.
It said revenue grew 10.5 percent to US$490.1m compared to 2011.
Revenue generated from healthcare rose the most, up 15 percent to US$251.6m, driven by occupancy levels that rose from 51.3 percent in 2011 to 60.5 percent in 2012.
Read more: http://www.arabianbusiness.com/uae-s-nmc-health-posts-16-7-rise-in-2012-profit-491017.html
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