Pure Health Holding PJSC

Ticker/ISIN

PUREHEALTH

AEE01362P238

Market/Country

Abu Dhabi Stock Exchange

United Arab Emirates

Latest Stock Price

4.45 AED

2024-02-21

Year to date

-0.22 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Latest Pressrelease Summaries

PureHealth reported a net profit of AED 1.0 billion for the first half of 2024, with EBITDA rising to AED 2.2 billion, a 15% increase from the previous year. Consolidated revenue grew by 53% to AED 12.5 billion, driven by the Hospitals segment and supported by organic growth and acquisitions. Despite the growth, net profit decreased by 26% year-on-year due to accounting changes, finance costs from acquisitions, and corporate income tax charges, resulting in a net profit margin of 8.0%. Significant acquisitions included Circle Health Group and Sheikh Shakhbout Medical City, while the company divested its investments in YAS Clinics Group and Abu Dhabi Stem Cells Centre. The Hospitals segment saw an 83% revenue increase and 9% EBITDA growth, attributed to higher patient volumes and strategic acquisitions. The Insurance vertical, comprising Daman, reported a 15% revenue increase and a 79% rise in EBITDA, driven by higher premiums and increased membership. Total assets increased to AED 47.6 billion, with a total cash balance of AED 7.4 billion and a net cash balance of AED 5.4 billion as of June 30, 2024.

Disclosures: Pure Health Holding PJSC Management Discussion and Analysis Report for the Period Ended June 30,2024

2 months ago

Pure Health Holding PJSC has released its interim condensed consolidated financial statements for the period ending June 30, 2024.

Disclosures: Pure Health Holding PJSC Financial Results for the Period Ended June 30,2024

2 months ago

**Summary:** PureHealth, the largest healthcare platform in the Middle East, has contributed AED 1 billion to local procurement since Q1 2023 to support the UAE's National In-Country Value (ICV) Programme. This initiative is part of the UAE's industrial strategy, aiming to boost the industrial sector's GDP contribution to AED 300 billion by 2031. During the Make it in the Emirates Forum, PureHealth confirmed its progress towards a target of AED 13 billion in local procurement by 2032. The company has also implemented ICV strategies across its operations, including subsidiaries like SEHA and Daman, achieving high ICV scores. These efforts underscore PureHealth's role in driving economic diversity, creating local jobs, and enhancing healthcare services in the UAE.

Disclosures: Pure Health Holding PJSC General Press Release_National ICV programme Support

4 months ago

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.

Disclosures: Pure Health Holding PJSC Management Discussion and Analysis Report for the Period Ended March 31,2024

5 months ago

The text refers to the interim condensed consolidated financial statements of Pure Health Holding PJSC for the period ending on 31 March 2024. It is likely to contain financial information and performance indicators relevant to investors and those interested in the company's financial health.

Disclosures: Pure Health Holding PJSC Financial Results for the Period Ended March 31,2024

5 months ago

The text appears to be an interim condensed consolidated financial statement from Pure Health Holding PJSC, for the period ending on 31 March 2024. These types of documents typically contain a summary of a company's financial performance over a specific period, including revenues, expenses, and net income.

Disclosures: Pure Health Holding PJSC Financial Results for the Period Ended March 31,2024

5 months ago

Threads

Page 5

ADX News

News Update From Pure Health Holding PJSC 8 months ago

ADX Disclosures: Temporary suspension of trading on the shares of Pure Health Holding PJSC on 12 Feb 2024

Resolution No. 283 of 2024 temporarily suspends trading of Pure Health Holding PJSC shares on the ADX. This is due to a Board of Directors meeting scheduled for 13:00 on 12th February 2024, which coincides with the ADX trading session. Trading will be suspended from 09:00 on the same day until the ADX receives the meeting results. All department heads in ADX are instructed to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 08/02/2024.

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 8 months ago

Disclosures: Pure Health Holding PJSC Announcement of Board Meeting to be held on 12/02/2024 at 13:00

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 8 months ago

Disclosures: Pure Health Holding PJSC_Disclosure of Material Information_Aquisition of Sheikh Shakhbout Medical City LLC

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 8 months ago

Disclosures: Pure Health Holding PJSC - Board Resolution By Circulation_Acquisition of Sheikh Shakhbout Medical City LLC shares

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 9 months ago

Disclosures: Pure Health Holding PJSC

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 9 months ago

Disclosures: Pure Health Holding PJSC

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 10 months ago

Disclosures: Pure Health Holding PJSC Financial Results Summary for the Period Ended September 30,2023

The document is an interim condensed consolidated financial statement from Pure Health Holding LLC, covering the financial period ending on 30 September 2023.

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 10 months ago

Disclosures: Pure Health Holding PJSC Financial Results Summary for the Period Ended December 31,2022

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 10 months ago

Disclosures: Pure Health Holding PJSC Board of Directors' Report for the Period Ended December 31,2023

Pure Health Holding PJSC, a Public Joint Stock Company based in Abu Dhabi, United Arab Emirates, has released a board report concerning the listing of the company's shares on the Abu Dhabi Securities Exchange First Market.

1. Attached Document

ADX News

News Update From Pure Health Holding PJSC 10 months ago

Disclosures: Pure Health Holding PJSC Prospectus

The text is about the prospectus for the listing of shares of PURE HEALTH HOLDING PJSC, a Public Joint Stock Company incorporated in Abu Dhabi, United Arab Emirates, on the Abu Dhabi Securities Exchange First Market.

1. Attached Document

Page 5