{"id":87855,"date":"2023-12-19T00:00:00","date_gmt":"2023-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/purehealth-reports-3q-earnings\/"},"modified":"2023-12-19T00:00:00","modified_gmt":"2023-12-19T00:00:00","slug":"purehealth-reports-3q-earnings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2023\/12\/19\/purehealth-reports-3q-earnings\/","title":{"rendered":"PureHealth reports 3Q earnings"},"content":{"rendered":"

Healthcare giant PureHealth saw its bottom line decrease 88% y-o-y to AED 80 mn in the <\/strong>3Q 2023<\/strong>, according to the company\u2019s ADX<\/a> numbers. Revenues rose 92.3% y-o-y to AED 4 bn during the quarter. On a nine-month basis, PureHealth\u2019s bottom line fell 58% y-o-y to AED 1.2 bn, while revenues came in at AED 12 bn, rising 45% y-o-y. <\/p>\n

Remember:<\/strong> PureHealth is offering a 10% stake (1.11 bn shares) on the ADX, with the shares set to begin trading tomorrow. Each share is being offered at AED 3.26, valuing the transaction at AED 3.62 bn. <\/p>\n

More on PureHealth:<\/strong> Majority owned by ADQ, PureHealth is a Middle East healthcare giant with the UAE\u2019s largest integrated healthcare network. The company has over 25 hospitals and some 100 clinics under its belt, alongside diagnostic centers, health ins. products and pharma.<\/p>\n","protected":false},"excerpt":{"rendered":"

PureHealth\u2019s bottom line decreased 88% y-o-y in 3Q and 58% y-o-y in 9M<\/p>\n","protected":false},"author":1,"featured_media":87856,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1596],"tags":[237,7,228],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-enterpriseam-uae","tag-purehealth","wpautop","entry"],"acf":{"mongo_id":"c55aabff-4fb4-46e7-8d1c-f518debe5394","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/281.jpg","photo_position":"above","homepage_title":"","full_issue_title":"PureHealth reports 3Q earnings","related_issue":[87836],"teaser":"PureHealth\u2019s bottom line decreased 88% y-o-y in 3Q and 58% y-o-y in 9M","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.78c75ea5-384a-4b01-90e4-95cf127cc7f4.mp3"},"yoast_head":"\nPureHealth reports 3Q earnings - 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